Robar Enterprises Inc. Faces Cyber Attack by Black Basta Ransomware

Incident Date:

April 9, 2024

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Overview

Title

Robar Enterprises Inc. Faces Cyber Attack by Black Basta Ransomware

Victim

Robar Enterprises, Inc.

Attacker

Blackbasta

Location

Kansas City, USA

Missouri, USA

First Reported

April 9, 2024

Robar Enterprises Inc. Confronts Black Basta Ransomware Attack

Overview:

Robar Enterprises Inc., a venerable figure in the Building Materials industry, recently encountered a grave challenge as it fell prey to a ransomware assault orchestrated by the notorious cybercriminal entity, Black Basta. This malicious infiltration led to the unauthorized extraction of 480 GB of sensitive data, encompassing vital departmental information, financial records, payrolls, and HR data. The exact ransom demand, serving as a chilling reminder of the insidious reach of cyber threats, remains undisclosed at present.

Company Profile:

Established in 1955 and headquartered in Hesperia, California, Robar Enterprises Inc. has cemented itself as a cornerstone in the industry. Serving as the parent company to esteemed subsidiaries such as Hi Grade Materials Co., Endura Steel, and Smith Ironworks, Robar Enterprises Inc. boasts a legacy spanning over six decades. With a workforce ranging between 251 to 500 employees, the company's revenue, ranging from $50 million to $100 million, underscores its significant presence in the market.

Company Resilience:

Despite the recent adversities, Robar Enterprises Inc. remains resilient, reporting a commendable revenue of $58 million in 2024. The company's dedication to its employees is evident through the provision of comprehensive benefits packages, including medical, dental, and vision plans, along with retirement benefits, highlighting its commitment to fostering a supportive work environment.

Industry Standing:

Robar Enterprises Inc.'s steadfast commitment to excellence has solidified its reputation as the premier supplier of construction materials across Southern California, Southern Nevada, and Western Arizona. With a portfolio encompassing Wholesale Metals and Minerals, Building Materials, and Manufacturing, the company has been at the forefront of meeting diverse construction needs, backed by over 66 years of exemplary service.

Vulnerabilities:

The recent ransomware attack on Robar Enterprises Inc. underscores the inherent vulnerabilities faced by mid-sized companies operating within lucrative industries. With its robust revenue stream and esteemed standing in the Building Materials sector, the company inadvertently became a prime target for threat actors like Black Basta. This unsettling incident serves as a poignant reminder of the ever-present dangers posed by cyber threats in today's interconnected digital landscape.

Sources:

Recent Ransomware Attacks

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