Ransomware Attack on Newman Ferrara LLP by Akira Group

Incident Date:

May 22, 2024

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Overview

Title

Ransomware Attack on Newman Ferrara LLP by Akira Group

Victim

Newman Ferrara

Attacker

Akira

Location

New York, USA

New York, USA

First Reported

May 22, 2024

Ransomware Attack on Newman Ferrara LLP by Akira Group

Company Profile

Newman Ferrara LLP is a prominent law firm based in New York City, specializing in complex commercial litigation, real estate, civil rights, and class actions. The firm is known for its expertise in handling significant class actions and other complex cases, making it a standout player in the legal industry.

Company Size

The exact number of employees at Newman Ferrara LLP is not publicly available. However, the firm has a significant presence in the legal industry, particularly in New York City, and is recognized for its strong reputation in handling complex cases.

Company Standout

Newman Ferrara LLP stands out for its expertise in complex commercial and multi-party litigation. The firm has a track record of representing many of the city's largest property owners and managing agents, solidifying its position as a leading law firm in the industry.

Company Vulnerabilities

As a law firm dealing with sensitive legal matters and client information, Newman Ferrara LLP is a prime target for threat actors like the Akira ransomware group. The firm's extensive data on court processes, hearings, personal client information, and confidential files make it an attractive target for cybercriminals seeking to exploit and monetize such sensitive data.

Attack Overview

Newman Ferrara LLP fell victim to a ransomware attack orchestrated by the Akira group. The attackers successfully infiltrated the firm's systems and exfiltrated over 45GB of sensitive data, including court processes, hearings, personal client information, and other confidential files. This attack severely impacted the firm's operations and posed a significant threat to the privacy of their clients' information.

Ransomware Group - Akira

The Akira ransomware group is a rapidly growing threat that targets small to medium-sized businesses across various sectors, including law firms like Newman Ferrara LLP. The group is known for its double extortion tactics, where they steal data before encrypting systems and demand a ransom for decryption and data deletion. Akira's unique dark web leak site and evolving tactics make them a formidable adversary in the cybersecurity landscape.

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.