clop attacks MCH Group
MCH Group Suffers Ransomware Attack, Operates in Business Services Sector
MCH Group, a Swiss exhibitions organizer and marketing company, has been hit by a ransomware attack, as reported on their dark web leak site. The company, which operates in the Business Services sector, has more than 700 employees and runs around 90 exhibitions, including the Art Basel shows in Basel, Miami Beach, and Hong Kong, as well as the watch and jewellery show Baselworld.
The attack was detected on October 20, 2021, and the company immediately took measures to limit the damage, including filing a criminal complaint and working with the Swiss National Cyber Security Centre, the police, and external experts. The extent of the data breach is not yet fully known, but it is suspected that the perpetrators may have gained access to personal contact details of customers, employees, and partners.
MCH Group has advised clients to exercise caution when dealing with unknown contacts and to change passwords connected to the company's services and accounts, as well as any other accounts that use the same passwords. The company has also secured its most important communication channels and is working to restore all its systems and services as soon as possible.
The Context of the Attack
The attack on MCH Group is part of a series of cyber-attacks that have targeted Swiss companies in recent weeks, including the Easygov federal portal, the municipal authorities of the Swiss town of Montreux, Stadler Rail, and price comparison website Comparis. The Swiss National Cyber Security Centre received 832 reports of cybersecurity incidents that week, with 315 of these incidents involving malware.
MCH Group operates in various industries, including construction, life sciences, and hospitality, in addition to art fairs. The company staged its first live edition since 2019 in September, and its Miami Beach fair is due to take place on 2-4 December.
The attack on MCH Group highlights the need for companies to be vigilant against ransomware attacks, particularly those operating in the Business Services sector. It is crucial for companies to have robust cybersecurity measures in place to protect against such threats and to have a plan for responding to and recovering from an attack.
Sources
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