PPI Cyber Defense: Responding to Blacksuit Ransomware
Incident Date:
April 2, 2024
Overview
Title
PPI Cyber Defense: Responding to Blacksuit Ransomware
Victim
Precision Pulley and Idler
Attacker
Black Suit
Location
First Reported
April 2, 2024
Precision Pulley & Idler (PPI) Suffers Ransomware Attack by Blacksuit Group
Company Size and Industry Standout
Precision Pulley & Idler (PPI), a leading provider of high-performance conveyor products and solutions, has been targeted by the ransomware group Blacksuit. PPI operates in the manufacturing sector and is known for its unparalleled quality, delivery, and customer service. It is is 100% employee-owned and has been providing quality conveyor components for over four decades.
They're a significant player in the manufacturing industry, with a strong reputation for quality and customer service. The company's website highlights its commitment to innovation and high-performance conveyor products, making it a standout in its sector.
Vulnerabilities and Targeting
The ransomware attack on PPI underscores the ongoing threat of cybercrime in the manufacturing sector. BlackSuit targets large enterprises and small to medium-sized businesses across various industries, including healthcare, education, IT, government, retail, and manufacturing. Companies must remain vigilant and invest in robust cybersecurity measures to protect against such attacks.
Sources
- Precision Pulley & Idler (PPI) Website: http://www.ppi-global.com
- Ransomware Intelligence: https://www.start.me/p/7PpGkY/ransomware-intelligence
- Industrial Cybersecurity Pulse: https://www.industrialcybersecuritypulse.com/threats-vulnerabilities/throwback-attack-visser-precision-suffers-a-doppelpaymer-ransomware-attack/
- Cyber Attack Statistics: https://www.e-virtus.com/statistics
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.