lockbit3 attacks MARUGO FOUNDATION CORP
Incident Date:
September 9, 2022
Overview
Title
lockbit3 attacks MARUGO FOUNDATION CORP
Victim
MARUGO FOUNDATION CORP
Attacker
Lockbit3
Location
First Reported
September 9, 2022
MARUGO FOUNDATION CORP Suffers Ransomware Attack by Lockbit3
Company Overview
MARUGO FOUNDATION CORP is a Japanese company that has been in operation for 60 years. They have recently moved their office to a new location and have experienced a significant increase in business, as indicated by their website's "新着情報" section. The company is known for its strong foundation in the construction industry, with a focus on providing high-quality services to its clients.
Vulnerabilities and Targeting
The specific vulnerabilities that led to MARUGO FOUNDATION CORP being targeted by Lockbit3 are not mentioned in the search results. However, it is known that ransomware groups often exploit weaknesses in a company's cybersecurity defenses to gain access to their systems. In this case, Lockbit3 has claimed responsibility for the attack, suggesting that the company may have had insufficient security measures in place.
Industry Impact
The Construction sector is a significant target for ransomware attacks, as these groups often seek to disrupt operations and demand payment in exchange for restoring access to encrypted data. The impact of such attacks can be severe, leading to financial losses, reputational damage, and potential legal consequences.
Mitigation Strategies
To mitigate the risks of ransomware attacks, companies should implement robust cybersecurity measures, including regular software updates, employee training, and the use of antivirus software. Additionally, having a well-defined incident response plan can help minimize the damage caused by an attack.
Sources
Recent Ransomware Attacks
The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.
The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.