RansomHouse Cyberattack Disrupts Historic Italian Logistics Firm Francesco Parisi

Incident Date:

June 28, 2024

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Overview

Title

RansomHouse Cyberattack Disrupts Historic Italian Logistics Firm Francesco Parisi

Victim

Francesco Parisi

Attacker

Ransomhouse

Location

Tamm, Germany

, Germany

First Reported

June 28, 2024

RansomHouse Ransomware Attack on Francesco Parisi Casa di Spedizioni S.p.A.

Overview of the Attack

On June 28, 2024, Francesco Parisi Casa di Spedizioni S.p.A., a historic freight forwarding and logistics company based in Trieste, Italy, fell victim to a ransomware attack orchestrated by the RansomHouse group. The attack resulted in a significant data breach involving 150GB of sensitive information. The incident has caused substantial disruption to the company's operations, which has a reported revenue of $13.7 million and employs around 100 people.

About Francesco Parisi Casa di Spedizioni S.p.A.

Founded in 1807, Francesco Parisi Casa di Spedizioni S.p.A. is one of the oldest freight forwarding companies in Europe. The company is renowned for its extensive experience in organizing and executing various types of transportation. It offers a wide range of services, including quality management of logistics, modern vehicle services, flexible partial shipment services, warehousing, tow services, passenger transport, customs services, and cargo delivery via air, rail, and water.

What sets Francesco Parisi apart is its long-standing history and continuous management by the Parisi family, now in its eighth generation. The company has expanded its operations significantly over the years, establishing offices in major European cities and building business ties in key global markets. Despite its historical roots, the company has embraced modern logistics solutions, making it a significant player in the industry.

Vulnerabilities and Targeting by RansomHouse

Francesco Parisi's extensive network and reliance on digital systems for logistics and freight forwarding made it an attractive target for cybercriminals. The company's significant data repositories and the critical nature of its services likely contributed to its vulnerability. RansomHouse, known for its data exfiltration tactics, exploited these vulnerabilities to gain unauthorized access to the company's systems.

About RansomHouse

RansomHouse is a data extortion group that emerged in late 2021. Unlike traditional ransomware groups, RansomHouse does not encrypt files but instead focuses on stealing sensitive data and threatening to release it publicly if a ransom is not paid. The group positions itself as a "professional mediators community" aiming to highlight security negligence in organizations.

Penetration and Impact

While the exact method of penetration in the Francesco Parisi case is not publicly detailed, RansomHouse typically exploits vulnerabilities in an organization's security infrastructure. This could include unpatched software, weak passwords, or social engineering tactics. Once inside, the group exfiltrates large volumes of sensitive data, which they then use as leverage to demand ransom payments.

Sources

Recent Ransomware Attacks

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