Haselden Construction Suffers Ransomware Attack

Overview of the Incident

Haselden Construction, a prominent Colorado-based construction firm, recently fell victim to a ransomware attack orchestrated by the group known as HiveLeak. This incident was disclosed on the group's dark web leak site. Haselden Construction, celebrated for its status as a Top Place to Work by the Denver Post for seven consecutive years, is renowned for its collaborative culture emphasizing trust, respect, and open communication. The company has a rich history of over 50 years in constructing significant and impactful projects, including the expansion of the University of Colorado Boulder Business and Engineering School.

Company Profile and Vulnerabilities

Despite the lack of explicit details regarding the company's size, Haselden Construction boasts a diverse team of professionals across various departments, underscoring its capability to undertake projects of any size or complexity. The construction sector, including Haselden, faces heightened risks of ransomware attacks, attributed to the industry's increasing reliance on digital technologies and data. With the average cost of a data breach in the United States nearing $9 million, the imperative for stringent cybersecurity measures and data protection protocols is more pronounced than ever.

Implications and Preventative Measures

The ransomware attack on Haselden Construction underscores a growing trend of cyber threats within the construction industry. To combat these threats, companies are urged to adopt comprehensive cybersecurity strategies. This includes the development of a detailed disaster recovery plan, regular reviews and testing of such plans, and ongoing education and training for employees to recognize and mitigate potential cyber threats effectively.

Sources

• "Denver Post Top Workplaces 2020" - https://www.denverpost.com/topworkplaces/
• "Cost of a Data Breach Report 2020" by IBM - https://www.ibm.com/security/data-breach