James H Maloy Inc Faces Ransomware Breach by Akira Group
Ransomware Attack on James H. Maloy, Inc. by Akira Group
On November 21, a significant ransomware attack targeted James H. Maloy, Inc., a well-established construction company based in Loudonville, New York. The attack, orchestrated by the notorious Akira ransomware group, compromised over 11GB of sensitive internal data, including insurance documents, driver licenses, and employee contact information. This breach underscores vulnerabilities in the company's data protection measures, highlighting the growing threat of ransomware attacks in the construction sector.
About James H. Maloy, Inc.
James H. Maloy, Inc. has been a prominent player in the construction industry since 1918, specializing in earthwork, excavation, and site preparation. The company operates across various sectors, including commercial, healthcare, industrial, energy, infrastructure, and institutional projects. With approximately 13 employees, this family-owned business generates an estimated $7.6 million in annual revenue. Known for its commitment to quality and integrity, the company has contributed to significant infrastructure projects throughout Upstate New York.
Vulnerabilities and Attack Overview
The attack on James H. Maloy, Inc. highlights critical vulnerabilities in the company's cybersecurity infrastructure. The construction sector, often perceived as less technologically advanced, can be an attractive target for ransomware groups like Akira. The attackers managed to access and exfiltrate a substantial volume of confidential information, leveraging potential weaknesses in the company's network security protocols.
Potential Penetration Methods
Akira's modus operandi often involves spear-phishing, exploiting compromised VPN credentials, and targeting unpatched vulnerabilities. In the case of James H. Maloy, Inc., the attackers may have exploited similar vulnerabilities to gain initial access. The construction company's reliance on digital communication and data storage could have provided entry points for the ransomware group, emphasizing the need for enhanced cybersecurity measures in the industry.
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