Ransomware Attack Disrupts Leading Marine Pump Maker Naniwa
Incident Date:
September 27, 2024
Overview
Title
Ransomware Attack Disrupts Leading Marine Pump Maker Naniwa
Victim
Naniwa Pump Manufacturing Co., Ltd.
Attacker
Ransomhub
Location
First Reported
September 27, 2024
RansomHub Ransomware Attack on Naniwa Pump Manufacturing Co., Ltd.
Naniwa Pump Manufacturing Co., Ltd., a prominent player in the marine pump industry, has recently fallen victim to a ransomware attack orchestrated by the notorious RansomHub group. This incident highlights the vulnerabilities faced by manufacturing companies, especially those with advanced technological operations.
Company Profile and Industry Standing
Established in 1921, Naniwa Pump Manufacturing Co., Ltd. is headquartered in Fukui, Japan. The company specializes in designing and producing marine and industrial pumps, with a focus on centrifugal, gear, screw, and piston pumps. Naniwa's state-of-the-art facility is the only plant in Japan approved by the Ministry of Land, Infrastructure and Transport for producing various marine pumps. The company is renowned for its innovative products, including FRP (Fiber Reinforced Plastic) pumps, which offer significant advantages such as reduced weight and high corrosion resistance. With an annual production capacity of 15,000 units and a workforce of approximately 230 employees, Naniwa is a leader in its field.
Attack Overview
The ransomware attack on Naniwa Pump was claimed by RansomHub on their dark web leak site. While specific details of the infiltration method and data compromised have not been disclosed, the attack appears to be a targeted effort to disrupt Naniwa's operations and extort a ransom. Given the company's reliance on advanced production capabilities, including 24-hour unstaffed operations, the attack could significantly impact its efficiency and output.
RansomHub's Modus Operandi
RansomHub, a Ransomware-as-a-Service (RaaS) group, is known for its aggressive affiliate model and double extortion tactics. The group employs advanced data exfiltration techniques and intermittent encryption to maximize impact while minimizing encryption time. RansomHub's affiliates often use phishing campaigns, vulnerability exploitation, and password spraying to gain initial access to target systems. The group's focus on high-value targets across industries, including manufacturing, makes companies like Naniwa particularly vulnerable.
Potential Vulnerabilities
Naniwa Pump's advanced technological operations, while enhancing efficiency, may also present vulnerabilities that threat actors like RansomHub can exploit. The company's reliance on automated systems and its significant production capacity make it an attractive target for ransomware groups seeking financial gain through disruption and extortion.
Sources
Recent Ransomware Attacks
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