snatch attacks Hanon Systems

Incident Date:

January 13, 2022

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Overview

Title

snatch attacks Hanon Systems

Victim

Hanon Systems

Attacker

Snatch

Location

, Mexico

, Mexico

First Reported

January 13, 2022

Hanon Systems Suffers Ransomware Attack by Play Group

Company Overview

Hanon Systems is a South Korean company listed on the Korea Stock Exchange (KS:018880) and operates in the manufacturing sector. The company specializes in the production of automotive thermal management systems, including air conditioners, heaters, cooling modules, compressors, radiators, fans, evaporators, and condensers. Hanon Systems has a significant presence in the global market, with operations in various countries.

Vulnerabilities and Impact

The Play ransomware group is known for its double-extortion model, where it encrypts systems after exfiltrating data. This tactic can lead to significant data loss and financial damage for the targeted organizations. The attack on Hanon Systems and its affiliate Magna Powertrain Korea highlights the need for robust cybersecurity measures to protect against such threats.

Response and Mitigation

The specific details of Hanon Systems' response to the ransomware attack are not publicly available. However, it is crucial for companies to have a well-defined incident response plan in place to minimize the impact of such attacks. This includes regular backups, timely patching, and employee training on cybersecurity best practices.

Sources

  • Hanon Systems Inaugurates New Engineering Center in Portugal
  • Hanon Systems Included in S&P Global’s 2024 Sustainability Yearbook
  • HackNotice: Hanon Systems - AWS
  • Ransomware attack group Snatch reveals that hacking data from Hanon Systems affiliate Magna Powertrain Korea on the dark web appears to have been leaked
  • Hanon Systems Netherlands Coöperatief U.A. (Heerlen) - Prewave.ai
  • Hanon Systems Appoints Nurdal Kücükkaya and Ramachandran (Subu) Nagasubramony as co-Chief Executive Officers

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.