Federal Land Inc. Ransomware Attack

Federal Land Inc., a real estate developer in the Philippines, has been targeted by the ransomware group Everest. The attack was announced on the group's dark web leak site, and the victim's website is https://federalland.ph. The company operates in the Real Estate sector and has been affected by the ransomware attack, which has disrupted their operations.

Company Overview

Federal Land Inc. is a prominent real estate developer in the Philippines, offering a wide range of residential developments in prime locations. Their featured properties include The Seasons Residences in Bonifacio Global City, The Grand Midori Ortigas in Ortigas Center, Quantum Residences in Taft Avenue, Siena Towers in Marikina City, Mi Casa in Macapagal Boulevard, Marco Polo Residences in Lahug, Cebu City, Valencia Hills Tower E in Quezon City, Four Season Riviera in Binondo, Manila, Palm Beach West in Roxas Boulevard, Pasay City, and Peninsula Garden Midtown Homes in Paco, Manila.

Company Size and Industry Standout

Federal Land Inc. is a significant player in the Philippine real estate market, with a diverse portfolio of residential developments. The company's size and market presence make it a notable target for cybercriminals, as they seek to exploit vulnerabilities in the industry.

Vulnerabilities and Targeting

The ransomware attack on Federal Land Inc. highlights the increasing threat of cyber attacks in the real estate sector. As the industry becomes more digitized, companies like Federal Land Inc. are at risk of being targeted by threat actors seeking to exploit vulnerabilities in their systems. The attack on Federal Land Inc. underscores the need for robust cybersecurity measures to protect against such threats.

The ransomware attack on Federal Land Inc. is a reminder of the growing threat of cyber attacks in the real estate sector. As companies like Federal Land Inc. continue to digitize their operations, they must prioritize cybersecurity measures to protect against potential threats.

Sources

• Federal Land Inc.
• Rapattoni hit with ransomware attack, paralyzing MLSs and agents
• Ransomware and Real Estate: An Eternal Spring of Personally Identifiable Information
• Proposed Cybersecurity Rule Could Affect Many CRE Landlords