ransomhouse attacks Severn Glocon Group

Incident Date:

October 12, 2022

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Overview

Title

ransomhouse attacks Severn Glocon Group

Victim

Severn Glocon Group

Attacker

Ransomhouse

Location

Gloucester, United Kingdom

, United Kingdom

First Reported

October 12, 2022

Ransomware Attack on Severn Glocon Group

Company Overview

Severn Glocon Group is a global leader in the manufacturing of high-quality valves for the energy industries. Their control, choke, and small bore subsea valves are renowned for their reliability and high performance, underpinning the critical infrastructure of their clients. The company's commitment to reducing its environmental impact and contributing to sustainability is reflected in its ESG strategy.

Company Size and Vulnerabilities

The company has a reported revenue of $297 million and employs approximately 900 people. The attack on Severn Glocon Group highlights the vulnerability of manufacturing companies to ransomware attacks, which can disrupt operations and cause significant financial damage.

Ransomware Group

RansomHouse is a notorious ransomware group known for its attacks on various organizations worldwide, often resulting in personal data breaches. The group has claimed responsibility for numerous attacks, including those on Change Healthcare, a subsidiary of UnitedHealth Group, and Las Vegas casinos.

Mitigation Strategies

While the specifics of the attack on Severn Glocon Group are not detailed in the available information, it is crucial for companies to implement robust cybersecurity measures to protect against ransomware attacks. This includes regular software updates, employee training, and the use of reliable backup systems to minimize the impact of an attack.

The ransomware attack on Severn Glocon Group serves as a reminder of the ongoing threat posed by cybercriminals to businesses across industries. Companies must remain vigilant and invest in robust cybersecurity measures to protect against such attacks.

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.