Fluent Home Ltd Targeted by Black Basta Ransomware Group

Attack Overview

Fluent Home Ltd, a prominent Canadian smart home security company, has fallen victim to a ransomware attack orchestrated by the notorious cybercrime group, Black Basta. The attack led to the exfiltration of approximately 600 GB of sensitive data, including financial and HR departmental data, research and development materials, and personal documents of users. The attackers have set a ransom deadline of April 26th, 2024, and have already published a sample of the stolen data.

Company Profile

The firm, based in Edmonton, Alberta, specializes in smart home security and automation solutions. With a workforce of 192 employees and a revenue of $72.2 million, the company has established itself as a leader in providing advanced security solutions including burglar detection systems, smoke alarms, and smart controls for various home devices. Their commitment to innovation in smart home technology makes them a significant player in the consumer services sector.

Vulnerabilities and Target Profile

The attack on Fluent Home underscores the vulnerabilities inherent in companies that deal with large volumes of sensitive user data and proprietary technology. The combination of valuable intellectual property in the form of R&D materials and extensive personal and financial data makes companies like Fluent Home attractive targets for ransomware groups such as Black Basta. Their high-profile status and technological infrastructure likely provided multiple attack vectors for the cybercriminals.

Sources

• Proven Data: Black Basta Ransomware
• SOCRadar: Dark Web Profile - Black Basta Ransomware
• Trend Micro: Ransomware Spotlight - BlackBasta
• HHS.gov: Black Basta Threat Profile
• Unit42: Threat Assessment - Black Basta Ransomware