OCEANAIR Hit by INC Ransom Group in Major Ransomware Attack
Incident Date:
June 17, 2024
Overview
Title
OCEANAIR Hit by INC Ransom Group in Major Ransomware Attack
Victim
OCEANAIR
Attacker
Inc Ransom
Location
First Reported
June 17, 2024
OCEANAIR Ransomware Attack by INC Ransom Group
Company Profile: OCEANAIR
OCEANAIR, a prominent player in the global logistics sector, specializes in air and ocean freight forwarding, customs brokerage, and comprehensive supply chain management. With an estimated annual revenue of $22.8 million, the company excels in facilitating international trade through efficient and innovative logistics solutions. OCEANAIR's robust service offerings and its strategic focus on technology and customer service have established it as a leader in the transportation industry.
Details of the Ransomware Attack
On June 19, 2024, OCEANAIR fell victim to a sophisticated ransomware attack by the notorious cybercriminal group INC Ransom. The attack led to significant data encryption and the theft of sensitive information, which was subsequently leaked on the dark web. The exact volume of compromised data remains uncertain, but the breach underscores the critical vulnerabilities within OCEANAIR's cybersecurity defenses.
Profile of INC Ransom Group
INC Ransom is known for its targeted ransomware campaigns, employing advanced tactics such as spear-phishing and exploiting known vulnerabilities like CVE-2023-3519 in Citrix NetScaler. The group's modus operandi includes the double extortion technique, where they encrypt the victim's data and threaten to publish it unless a ransom is paid. This approach has been effectively used against various sectors, emphasizing the group's adaptability and the severe threat they pose to global organizations.
Potential Entry Points and Security Implications
The breach at OCEANAIR could have been facilitated through spear-phishing or by exploiting unpatched vulnerabilities within their network, a common tactic observed in other INC_RANSOM attacks. The incident highlights the necessity for continuous monitoring and updating of cybersecurity measures to protect against evolving cyber threats.
Sources:
Recent Ransomware Attacks
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