Vinati Organics Limited Hit by LockBit 3.0 Ransomware
Incident Date:
May 9, 2024
Overview
Title
Vinati Organics Limited Hit by LockBit 3.0 Ransomware
Victim
Vinati Organics Limited
Attacker
Lockbit3
Location
First Reported
May 9, 2024
Ransomware Attack on Vinati Organics Limited
Victim Profile
Vinati Organics Limited, an India-based company, is a prominent manufacturer of specialty chemicals and organic intermediaries with a global presence in over 35 countries. Established in 1989, the company offers a diverse range of organic chemicals, specialty chemicals, and niche specialty chemicals, showcasing strong research and development capabilities to produce high-quality and cost-effective chemicals. Vinati Organics Limited operates in the Manufacturing sector and has a significant market presence globally.
Their website provides information about the company's products and services in the field of specialty chemicals and organic intermediaries. The website highlights their research and development capabilities, expertise in producing superior quality and cost-effective chemicals, and state-of-the-art manufacturing facilities.
Industry Standing
Vinati Organics Limited stands out as a leading player in the specialty chemicals industry, demonstrating significant growth and a strong market presence globally. The company's specialty products include isobutylene, methanol, high purity methyl tertiary butyl ether, tertiary-butylamine, mixed hexene, and various polymers and antioxidants.
Vulnerabilities and Attack Details
Vinati Organics Limited fell victim to a cybercrime attack perpetrated by LockBit 3.0 ransomware. The attackers successfully exfiltrated 63 GB of sensitive data including accounting, HR, financial records, and invoices. Despite the attack, no ransom demand was made by the attackers. However, a sample of the leaked data was published on the internet. The ransom deadline was set for the 15th of May 2024.
Ransomware Group Profile
The LockBit 3.0 ransomware group is an evolution of the LockBit group, operating under a Ransomware-as-a-Service (RaaS) model. LockBit 3.0 is considered one of the most dangerous and disruptive ransomware threats currently active, with advanced features like file encryption, desktop modifications, and lateral movement through networks. The group has been actively recruiting affiliates and targeting a wide range of businesses and critical infrastructure organizations globally.
Sources:
Recent Ransomware Attacks
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