ragnarlocker attacks Puma Biotechnology - decided to allow Leaks

Incident Date:

August 2, 2022

World map

Overview

Title

ragnarlocker attacks Puma Biotechnology - decided to allow Leaks

Victim

Puma Biotechnology - decided to allow Leaks

Attacker

Ragnarlocker

Location

Los Angeles, USA

California, USA

First Reported

August 2, 2022

Puma Biotechnology Suffers Ransomware Attack by Ragnarlocker Group

Company Overview

Puma Biotechnology, a healthcare services company, has been targeted by the ransomware group Ragnarlocker, which has claimed responsibility for an attack on the company's website. The attack has led to the leak of sensitive information via the dark web leak site, and the victim's website is currently under threat.

Puma Biotechnology is a healthcare services company that operates in the biotechnology sector. The company is headquartered in Los Angeles, California, and employs approximately 14,300 individuals globally. It is renowned for its contributions to the healthcare industry, focusing on the development of innovative treatments and therapies for a variety of medical conditions.

Vulnerabilities and Impact

The ransomware attack on Puma Biotechnology underscores the vulnerabilities that many companies face in today's digital landscape. The attackers exploited a weakness in the company's IT infrastructure, potentially accessing and encrypting sensitive data before demanding a ransom for its release. This breach has resulted in the exposure of personal information of Puma Biotechnology employees and their dependents on the dark web.

This incident's ramifications extend beyond the immediate financial implications of the ransom demand. The disclosure of sensitive information can inflict reputational damage, engender potential legal repercussions, and erode customer trust. Moreover, the attack likely disrupted the company's operations, leading to delays and inefficiencies in its business processes.

Mitigation Strategies

To mitigate the risks associated with ransomware attacks, organizations are advised to adopt comprehensive cybersecurity measures. These include conducting regular software updates, enforcing strong password policies, and providing employee training on cybersecurity best practices. Furthermore, the implementation of a data backup and recovery plan is crucial to minimize data loss impacts in the event of an attack.

The ransomware attack on Puma Biotechnology underscores the critical need for robust cybersecurity measures in today's digital era. Organizations must remain vigilant against potential threats and proactively safeguard their sensitive data to preserve customer and stakeholder trust.

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.