RansomHub Ransomware Hits Netconfig: 20GB Data Leak Analyzed
Incident Date:
August 17, 2024
Overview
Title
RansomHub Ransomware Hits Netconfig: 20GB Data Leak Analyzed
Victim
Network Configurations Ltd (Netconfig)
Attacker
Ransomhub
Location
First Reported
August 17, 2024
RansomHub Ransomware Attack on Netconfig: A Detailed Analysis
Netconfig, officially known as Network Configurations Ltd, an established IT service provider based in South Africa, has recently fallen victim to a ransomware attack by the notorious group RansomHub. The attack, which was discovered on August 19, resulted in a significant data leak of 20GB of sensitive information.
About Netconfig
Founded in 1999 by Iain Emerson, Netconfig specializes in delivering comprehensive business technology solutions, particularly focusing on small to medium-sized enterprises. The company is renowned for its expertise in IT compliance, especially within the financial and insurance sectors. Netconfig's services include managed IT services, logistics network solutions, and compliance-focused IT support, which are crucial for businesses with stringent regulatory requirements.
Netconfig's commitment to creating a worry-free IT environment for its clients, allowing them to focus on core operations, has established the company as a reliable player in the South African IT industry. The company employs a dedicated team of professionals across various roles, indicating a well-structured organization aimed at providing comprehensive IT support.
Attack Overview
The ransomware attack on Netconfig was executed by RansomHub, a relatively new but rapidly emerging ransomware group. The attack led to the exposure of 20GB of sensitive data, which was subsequently leaked on RansomHub's dark web site. The exact method of penetration remains unclear, but it is speculated that the group exploited vulnerabilities in Netconfig's network infrastructure or leveraged phishing attacks to gain initial access.
About RansomHub
RansomHub is believed to have roots in Russia and operates as a Ransomware-as-a-Service (RaaS) group. Affiliates of RansomHub receive 90% of the ransom money, with the remaining 10% going to the main group. The group has targeted various countries, including the US, Brazil, Indonesia, and Vietnam, without following a specific pattern. Notably, RansomHub's ransomware strains are written in Golang, a relatively new trend in the ransomware world, which may indicate a shift towards future trends in ransomware development.
RansomHub distinguishes itself by making claims and backing them up with data leaks, adding credibility to their threats. The group's operations resemble a traditional Russian ransomware setup, and they have targeted healthcare-related institutions, among others.
Potential Vulnerabilities
Netconfig's focus on providing tailored IT solutions and ensuring compliance with IT regulations makes it a prime target for ransomware groups like RansomHub. The company's extensive involvement in sectors with stringent compliance demands, such as finance and insurance, means that any disruption to their services could have significant repercussions for their clients. This makes Netconfig an attractive target for threat actors looking to exploit vulnerabilities for financial gain.
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.