TerraLogs Hit by KillSec Ransomware: Major Data Breach in Agribusiness
Incident Date:
August 23, 2024
Overview
Title
TerraLogs Hit by KillSec Ransomware: Major Data Breach in Agribusiness
Victim
TerraLogs
Attacker
Killsec
Location
First Reported
August 23, 2024
Ransomware Attack on TerraLogs by KillSec: A Detailed Analysis
TerraLogs, a Brazilian platform specializing in financial solutions for the agribusiness sector, has recently fallen victim to a ransomware attack by the notorious group KillSec. This attack has significant implications for the company and its clients, highlighting vulnerabilities in the cybersecurity landscape of the finance sector.
About TerraLogs
TerraLogs, officially known as TERRALOGS DESENVOLVIMENTO DE PROJETOS LTDA., is based in São Paulo, Brazil. The company focuses on providing rapid credit solutions with competitive interest rates tailored for rural producers. By leveraging technology and a dedicated team of experts in rural financing, TerraLogs aims to streamline the process of managing client portfolios, allowing users to track their operations digitally and efficiently. The platform's comprehensive digital experience enables clients to manage their financial activities online, which is crucial in the dynamic agribusiness landscape.
Company Size and Market Position
With around 153 followers on LinkedIn, TerraLogs appears to be a small to medium-sized enterprise. The company's revenue is closely tied to the agricultural market's performance and the demand for credit solutions. TerraLogs stands out in the agribusiness financing sector in Brazil by combining technology with specialized knowledge to support rural producers in achieving their financial goals and improving operational efficiency.
Attack Overview
The ransomware group KillSec has claimed responsibility for the attack on TerraLogs. The attackers allege that they have obtained sensitive data from the organization, including personal information such as names of producers, farm names, locations, activity types, personal identification numbers (CPF), dates of birth, and ages. Additionally, financial information such as requested credit amounts, types of financing, payment terms, projected revenues, and costs have also been compromised. The ransomware group is demanding a ransom of $25,000 to prevent the release of this data. A sample of the stolen data has been made available for download, further emphasizing the severity of the breach.
About KillSec
KillSec, also known as Kill Security, is a ransomware group that has targeted various industries and countries. The group is known for its extensive targeting and significant extortion amounts, ranging from 1,500 EUR to 10,000 EUR. KillSec uses a variety of communication channels, including Telegram, Session Messenger, and Tox, and conducts its operations using XMR (Monero) cryptocurrency. The group has been active in targeting sectors such as government, manufacturing, defense, professional services, banking & finance, and sports & gaming across countries like Romania, the United States, Bangladesh, India, and the United Kingdom.
Penetration and Vulnerabilities
While the exact method of penetration used by KillSec in the TerraLogs attack is not detailed, common vulnerabilities in small to medium-sized enterprises include inadequate cybersecurity measures, outdated software, and insufficient employee training on phishing and other cyber threats. The digital nature of TerraLogs' operations may have also made it an attractive target for ransomware groups looking to exploit weaknesses in online financial management systems.
Recent Ransomware Attacks
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