Ledcor Ransomware Attack by Everest Group

Company Overview

Ledcor is a company that believes in sustainability and creating a positive impact on the communities, ecosystems, and economies where they operate. They strive to create a rewarding environment where everyone contributes to the shared success of their clients and business.

Company Size and Industry Standout

Ledcor is a significant player in the construction industry. The company's commitment to sustainability and creating a positive impact on the communities they operate in sets them apart in their industry.

Vulnerabilities

The construction industry has been increasingly targeted by ransomware groups due to the digitalization of the sector, which has expanded the attack surface and provided more endpoints for cybercriminals to infiltrate. In 2020, ransomware attacks on the agriculture industry rose by 607%, with the next largest change being the food & beverage industry, which saw a 67% increase.

The ransomware attack on Ledcor is part of a larger trend of cyberattacks on the agricultural industry, which has seen a significant increase in ransomware attacks due to the sector's digitalization and the expansion of the attack surface.

The ransomware attack on Ledcor by the Everest group underscores the escalating threat of cyberattacks on the construction industry, particularly in the context of the sector's digitalization. Companies in the construction sector must remain vigilant and take proactive measures to protect themselves from ransomware attacks and other cyber threats.

Sources

• Ledcor. (n.d.). Forward. Together. Retrieved April 10, 2024, from www.ledcor.com
• Headstorm. (2021, November 17). What Security Risks Are On Your Agriculture Firm's Ledger? Retrieved April 10, 2024, from www.headstorm.com/insights/what-security-risks-are-on-your-agriculture-firms-ledger/
• Ransomwatch. (n.d.). Ransomware Posts. Retrieved April 10, 2024, from ransomposts.github.io/ransomposts/