Ransomware Hits Swiss Painting Giant Hofmann Malerei AG: Cicada3301 Attack

Incident Date:

August 24, 2024

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Overview

Title

Ransomware Hits Swiss Painting Giant Hofmann Malerei AG: Cicada3301 Attack

Victim

Hofmann Malerei AG

Attacker

Cicada 3301

Location

St. Gallen, Switzerland

, Switzerland

First Reported

August 24, 2024

Ransomware Attack on Hofmann Malerei AG by Cicada3301

Hofmann Malerei AG, a venerable Swiss painting company with a history spanning over 140 years, has recently been targeted by the ransomware group Cicada3301. This attack has brought to light the vulnerabilities even well-established businesses face in the evolving landscape of cyber threats.

About Hofmann Malerei AG

Hofmann Malerei AG, based in St. Gallen, Switzerland, is renowned for its comprehensive painting services, including interior and exterior painting, decorative finishes, and restoration work. The company has a rich legacy dating back to 1884 and prides itself on its commitment to quality and craftsmanship. With a workforce of around 40 skilled painters, Hofmann Malerei AG has been involved in prestigious projects such as the Zurich Airport and cultural landmarks in St. Gallen.

Attack Overview

The ransomware group Cicada3301 has claimed responsibility for the attack on Hofmann Malerei AG, asserting that they have exfiltrated 500 MB of sensitive data. This breach has the potential to disrupt the company's operations significantly and compromise confidential information. The attack underscores the increasing threat of ransomware to businesses across various sectors, including the construction and painting industries.

About Cicada3301

Cicada3301 emerged as a notable threat actor group in June 2024, distinguishing itself from traditional ransomware groups by focusing on data theft and sale rather than encryption and ransom demands. The group operates as a data broker, exfiltrating sensitive information from targeted organizations and selling it on dark web marketplaces. This approach allows them to inflict long-term damage on their victims by exposing sensitive data to potential misuse.

Cicada 3301

To clarify, the name “Cicada 3301” was originally associated with an online puzzle that gained notoriety between 2012-2014. However, the name has since been appropriated by a separate and unrelated ransomware group, which has been the focus of recent reports, including ours.

Halcyon fully respects the legacy of the original “Cicada 3301” organization and recognizes their distinction from the activities of the ransomware group using the same name. Our reporting on the ransomware group is consistent with fair use, aiming to inform the public about cybersecurity threats.  For those interested in the original “Cicada 3301” and their official stance on this matter, we encourage you to visit their statement here.

We appreciate your understanding as we strive to maintain clarity and accuracy in our reporting.

Potential Vulnerabilities

Hofmann Malerei AG's extensive history and reputation make it a valuable target for cybercriminals. The company's reliance on digital systems for project management, client communication, and operational logistics could have provided entry points for the attackers. Additionally, the lack of advanced cybersecurity measures tailored to counter modern threats like those posed by Cicada3301 may have contributed to the breach.

Penetration Methods

While specific details of how Cicada3301 penetrated Hofmann Malerei AG's systems are not disclosed, common methods include phishing attacks, exploiting unpatched software vulnerabilities, and leveraging weak network security protocols. The group's sophisticated tactics and focus on data exfiltration highlight the need for enhanced cybersecurity defenses to protect sensitive information.

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.