Hiveleak Claims Ransomware Attack on Ryan Companies

Company Overview

Ryan Companies, a leading construction and commercial real estate firm, has reportedly been targeted by the ransomware group Hiveleak. The company's website is currently operational, but the details of the attack have not been publicly disclosed. Known for its expertise in construction and commercial real estate, Ryan Companies focuses on creating spaces where people live, work, and play, delivering high-quality projects that exceed expectations and demonstrate a strong commitment to customer satisfaction.

Company Size and Industry Standing

As a significant player in the construction sector, Ryan Companies employs a team of experts who bring creativity and innovation to their projects. The company's success is built on a foundation of understanding the entire spectrum of expertise from start to sale, ensuring that clients receive value and quality in their projects.

Vulnerabilities and Targeting

The specific vulnerabilities that led to the ransomware attack on Ryan Companies have not been publicly disclosed. However, the construction sector has been increasingly targeted by cybercriminals, with ransomware attacks becoming more frequent and sophisticated. The industry's reliance on digital systems and the need to maintain operational continuity make it an attractive target for cybercriminals.

Mitigating Ransomware Attacks

To protect against ransomware attacks, companies should implement robust cybersecurity measures, including regular software updates, employee training, and the use of advanced security tools. Additionally, maintaining a strong incident response plan can help minimize the impact of an attack and ensure business continuity.

Sources

• Ryan Companies
• Protecting the Cloud from Ransomware with Ryan Chapman - YouTube
• Victimized by ransomware, law firm sues insurer for $700K in lost billings
• Halcyon: The Only Company That Can Detect, Prevent, and Recover from Sophisticated Ransomware Attacks
• Ryan Specialty reveals April data breach - Business Insurance