conti attacks Bank of Indonesia

Incident Date: Jan 20, 2022

Attack Overview
VICTIM
Bank of Indonesia
INDUSTRY
Finance
LOCATION
Indonesia
ATTACKER
Conti
FIRST REPORTED
January 20, 2022

Conti Ransomware Attack on Bank Indonesia

Bank Indonesia, the central bank of Indonesia, has been targeted by the Conti ransomware group, as announced on their dark web leak site. The bank operates in the finance sector and has a website at http://www.bi.go.id/. The attack was confirmed by the bank's Head of Communications, Erwin Haryono, who stated that the attack took place last month and that the bank has conducted an assessment of the attack.

Bank Indonesia is a significant financial institution in Indonesia, with a strong presence in the country's financial sector. The bank's size and influence make it a valuable target for cybercriminals, as a successful attack could potentially disrupt financial services and cause significant damage to the bank's reputation.

The Conti ransomware group, also known as Wizard Spider, is a Russian-based organization that has been involved in numerous high-profile attacks, including the SolarWinds cyberattack in 2020. The group is known for stealing files, encrypting servers and workstations, and demanding ransom payments to restore stolen data.

The attack on Bank Indonesia highlights the need for robust cybersecurity measures to protect against ransomware attacks. Organizations should prioritize incident response planning, automate identity governance, secure non-human identities, and ensure that systems and software are kept up to date.

Sources

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