Associated Bag Suffers Ransomware Attack by Blackbasta Group

Associated Bag, a company specializing in wholesale packaging, shipping, and workplace products, has been targeted by the ransomware group Blackbasta. The attack was announced on the group's dark web leak site. The company operates in the Business Services sector and has been recognized for its quick response to customer inquiries and excellent customer service.

Company Size and Industry Standout

Associated Bag is a mid-sized company with a focus on providing a wide range of packaging and shipping solutions. They stand out in their industry by offering a variety of products and services, including custom packaging and shipping solutions, as well as workplace products. Their website showcases their commitment to customer satisfaction and their ability to handle a wide range of customer needs.

Vulnerabilities and Targeting

The ransomware attack on Associated Bag highlights the vulnerabilities that many businesses face in the digital age. Ransomware attacks can cause significant disruption to operations, leading to financial losses and reputational damage. In the case of Associated Bag, the attack could potentially impact their ability to fulfill orders and provide services to their customers, leading to a loss of trust and potential long-term damage to their reputation.

The attack on Associated Bag is a reminder of the importance of robust cybersecurity measures to protect against such threats. Companies should prioritize implementing preventative solutions, such as enforcing strict access control, storing data and key backups, and increasing user awareness and training.

Sources

• Associated Bag
• NCBI: Ransomware: Recent advances, analysis, challenges and future directions
• ScienceDirect: Information security breaches due to ransomware attacks - a systematic review
• ISACA: The Human Consequences of Ransomware Attacks
• Crime Science Journal: Ransomware deployment methods and analysis