Constelacion Savings and Credit Society Targeted by RansomHub Ransomware Group

Incident Date: Apr 24, 2024

Attack Overview
VICTIM
Constelacion Savings and Credit Society
INDUSTRY
Finance
LOCATION
El Salvador
ATTACKER
Ransomhub
FIRST REPORTED
April 24, 2024

RansomHub Targets Constelacion Savings and Credit Society in Ransomware Attack

Attack Overview

The ransomware group RansomHub has recently claimed responsibility for a cyberattack on Constelacion Savings and Credit Society, a prominent financial institution in El Salvador. According to the group's dark web leak site, they have obtained 497 gigabytes of data from the company's servers. Despite negotiations, the company has opted not to pay the ransom and is attempting to restore their systems from backups.

Company Profile

Constelacion S.A., founded on August 25, 2010, is a financial entity listed on the El Salvador Stock Exchange. The institution specializes in the placement of funds, collection of deposits, and providing diverse financial solutions to its clients. As a key player in the Salvadoran financial sector, Constelacion offers personal savings accounts, business loans, and investment opportunities, positioning itself as a secure and reliable financial service provider.

Vulnerabilities and Impact

The attack highlights potential vulnerabilities within Constelacion's cybersecurity framework. Financial institutions like Constelacion are attractive targets for cybercriminals due to the sensitive financial and personal information they hold. The breach not only risks the exposure of client data but also threatens the institution's reputation and operational stability. This incident underscores the critical need for robust cybersecurity measures in the financial sector, particularly for institutions that manage substantial amounts of sensitive data.

Attack Details

RansomHub's approach involved publishing a sample of the stolen data, including personal credit requests with sensitive customer information. This tactic is typical of ransomware groups seeking leverage in ransom negotiations. The ongoing threat of data exposure continues as the group claims to still have access to Constelacion's network.

Sources

See Halcyon in action

Interested in getting a demo?
Fill out the form to meet with a Halcyon Anti-Ransomware Expert!

1
2
3
Let's get started
1
1
2
3
1
1
2
2
3
Back
Next
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.