Safeguarding Ringhoffer Verzahnungstechnik GmbH & Co. KG's from Ransomware Threats
Incident Date:
April 3, 2024
Overview
Title
Safeguarding Ringhoffer Verzahnungstechnik GmbH & Co. KG's from Ransomware Threats
Victim
Ringhoffer Verzahnungstechnik GmbH & Co. KG.
Attacker
8base
Location
First Reported
April 3, 2024
Ringhoffer Verzahnungstechnik GmbH & Co. KG: A Target for Ransomware Attacks
Company Overview
Ringhoffer Verzahnungstechnik GmbH & Co. KG is a traditional German company with a long history in the manufacturing sector. Established in 1957, the company has been providing high-quality precision engineering solutions for over 60 years. Their expertise lies in the production of gears and other precision components, making them a key player in the industry. Ringhoffer Verzahnungstechnik GmbH & Co KG employs 101-250 people with a revenue of The revenue of Ringhoffer Verzahnungstechnik GmbH & Co. KG is $44.4 Million.
Vulnerabilities and Threats
The company faces cyber threats from the 8Base ransomware group, known for its sophisticated tactics. This group encrypts files and threatens to release data unless paid. Small to medium-sized businesses, especially in the US, Brazil, and the UK, are targeted. To defend against such attacks, robust security measures, regular training, and advanced security solutions like EDR and MFA are essential.
Sources
- RINGHOFFER Verzahnungstechnik - Overview, News & Similar companies (ZoomInfo.com)
- Ringhoffer Verzahnungstechnik Verwaltungs-GmbH (Creditsafe)
- Ringhoffer Verzahnungstechnik Verwaltungs-GmbH full company ... (Creditsafe)
- Ringhoffer Verzahnungstechnik GmbH & Co KG - Company Profile and News (Bloomberg)
- History - Find details here Ringhoffer GmbH & Co. KG
- Hookphish. (2024, February 2). Ransomware BianLian Group Hits: Tandem. https://www.hookphish.com/blog/ransomware-bianlian-group-hits-tandem/
- RansomLook. Ringhoffer Verzahnungstechnik GmbH and Co. KG. https://www.ransomlook.io/group/8Base
- Hookphish. (2024, February 7). Ransomware 8 Base Group Hits: YRW Limited – Chartered Accountants. https://www.hookphish.com/blog/ransomware-8-base-group-hits-yrw-limited-chartered-accountants/
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.