Weldco-Beales Manufacturing Hit by Play Ransomware Attack

Incident Date:

September 10, 2024

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Overview

Title

Weldco-Beales Manufacturing Hit by Play Ransomware Attack

Victim

Weldco-Beales Manufacturing

Attacker

Play

Location

Edmonton, Canada

, Canada

First Reported

September 10, 2024

Weldco-Beales Manufacturing Targeted by Play Ransomware Group

Weldco-Beales Manufacturing Corp (WBM), a prominent Canadian company specializing in the design and manufacturing of heavy equipment attachments, has fallen victim to a ransomware attack orchestrated by the Play ransomware group. The attack has resulted in the unauthorized access and potential exfiltration of a wide array of sensitive data, posing significant risks to the company's operational integrity and the privacy of its clients and employees.

Company Overview

Founded in 1945, Weldco-Beales Manufacturing has grown from a small welding shop in Vancouver, British Columbia, to a significant player in the heavy machinery sector. The company operates multiple manufacturing facilities across Canada, including locations in Edmonton, Barrie, and Langley. WBM serves various sectors such as construction, forestry, mining, scrap recycling, and road maintenance, providing a comprehensive range of products that enhance the functionality of heavy machinery.

WBM distinguishes itself through its focus on innovation and quality, adhering to international standards such as ISO 9001:2015 for quality management systems and COR® certification for occupational health and safety. The company is also a member of the Inuvialuit Development Corporation, underscoring its commitment to community engagement and economic development within Indigenous territories.

Attack Overview

The Play ransomware group, also known as PlayCrypt, has claimed responsibility for the attack on Weldco-Beales Manufacturing. The breach has compromised a wide array of sensitive data, including private and personal confidential data, client documents, budgetary details, payroll records, accounting files, contracts, tax documents, identification information, and financial data. The extent of the data breach highlights the severity of the attack and the significant risks posed to both the company and its stakeholders.

About the Play Ransomware Group

Active since June 2022, the Play ransomware group has been responsible for numerous high-profile attacks across various industries, including IT, transportation, construction, materials, government entities, and critical infrastructure. The group employs various methods to gain entry into networks, such as exploiting RDP servers, FortiOS vulnerabilities, and Microsoft Exchange vulnerabilities. They use tools like Mimikatz for privilege escalation and custom tools to enumerate users and computers on compromised networks.

Play ransomware distinguishes itself by not including an initial ransom demand or payment instructions in its ransom notes. Instead, victims are directed to contact the threat actors via email. The group also maintains a dark web presence where they post information about their attacks and victims.

Potential Vulnerabilities

Weldco-Beales Manufacturing's extensive digital infrastructure and the sensitive nature of the data it handles make it a prime target for ransomware attacks. The company's commitment to innovation and quality, while a strength, also necessitates advanced cybersecurity measures to protect against sophisticated threat actors like the Play ransomware group. The attack underscores the importance of continuous vigilance and advanced security protocols to safeguard against such breaches.

Sources

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.