Soucy Group Suffers Ransomware Attack by Hiveleak

Company Overview

Soucy Group is a cast iron specialist with a wide range of manufacturing expertise, working together to develop innovative solutions suitable for various industries. The company's website showcases its capabilities in creating solutions tailored to different sectors, emphasizing its commitment to innovation and collaboration.

Company Size and Industry Standout

The size of Soucy Group is not explicitly mentioned in the search results. However, the company's website suggests that it is a significant player in the manufacturing sector, with a focus on providing customized solutions for various industries.

Vulnerabilities and Targeting

The specific vulnerabilities that led to the Soucy Group's ransomware attack are not detailed in the search results. However, the attack by Hiveleak indicates that the company may have been targeted due to its presence in the manufacturing sector, which is a common target for ransomware groups.

Hiveleak and Ransomware Attacks

Hiveleak is a ransomware group that has been active since at least 2020, distributing ransomware through a Ransomware as a Service (RaaS) model. The group's ransomware, known as BlackCat, is written in the Rust programming language and supports execution on various operating systems, including Windows, Linux, and VMWare ESXi.

Mitigating Ransomware Attacks

While the article does not include general information about mitigating ransomware attack risks, it is essential for companies to implement robust cybersecurity measures, such as regular software updates, employee training, and multi-factor authentication, to reduce the risk of ransomware attacks.

Sources

• Soucy Group Website: www.soucy-group.com
• Dragos Blog: dragos.com/blog/
• NGAUS Newsroom: ngaus.org/newsroom/guard-team-wins-cyber-competition-3rd-consecutive-year
• RansomLook: groups
• Ransomware Posts: ransomposts