Ransomware Attack on WilliamsRDM, INC. by Qilin
Incident Date:
May 11, 2024
Overview
Title
Ransomware Attack on WilliamsRDM, INC. by Qilin
Victim
WilliamsRDM, INC.
Attacker
Qilin
Location
First Reported
May 11, 2024
Ransomware Attack on WilliamsRDM, INC. by Qilin
Victim Profile
WilliamsRDM, INC. is a research, development, and manufacturing company based in Fort Worth, Texas. Founded in 1963 by Della and Bob Williams, the company specializes in solving challenging design and high-complexity, short-run, precision manufacturing problems. With over 50 years of experience, WilliamsRDM has developed expertise in engineering, design, and manufacturing, showcasing a strong commitment to innovation and quality.
Company Size and Industry Standing
The company operates in the Manufacturing sector and has a sales revenue of approximately $20.64 million. The company is known for developing over 200 unique products for the aerospace, defense, and energy sectors. They are recognized for their automatic cooking fire suppression products like StoveTop FireStop, which has been in operation since 1972.
Attack Details
The victim website fell prey to a cybercrime attack orchestrated by the Qilin ransomware group. The attack technique employed was ransomware, a malicious software that encrypts files or systems, demanding payment for their release.
WilliamsRDM, INC. may have been targeted by threat actors due to its significant presence in the defense industry, particularly in the aerospace and defense sectors. The company supplies products to major defense contractors like Lockheed Martin and Northrup Grumman, making it an attractive target for cybercriminals seeking valuable data and intellectual property.
Ransomware Group Qilin
The Qilin ransomware group, also known as Agenda, is a prominent ransomware-as-a-service (RaaS) group that emerged in 2022. They target critical infrastructure organizations worldwide, including healthcare, education, and other essential services. Qilin ransomware attacks are highly customizable, making it challenging for victims to recover their encrypted files. The group employs a double extortion technique, threatening to release stolen data even after the ransom is paid.
Sources:
Recent Ransomware Attacks
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