SEP2 Enseignes: A French Manufacturing Company Targeted by Lockbit2 Ransomware

On April 10, 2024, the ransomware group Lockbit2 claimed responsibility for an attack on SEP2 Enseignes, a French company specializing in the manufacturing and installation of signage, displays, and store fixtures. The company operates in the Manufacturing sector, with a significant presence in Paris and Lyon, and maintains six logistics bases across France. Known for its expertise in various materials and lighting technologies, SEP2 Enseignes also emphasizes sustainability and social responsibility, notably contributing to protective measures during the COVID-19 pandemic.

Vulnerabilities and Targeting

The exact vulnerabilities exploited in the attack on SEP2 Enseignes by Lockbit2 have not been disclosed. However, ransomware groups typically leverage unpatched software, weak passwords, and unsecured remote access points to infiltrate networks. The impact of ransomware attacks on businesses is profound, often resulting in data loss, operational downtime, and substantial financial costs. A report from 2022 highlighted that 71% of organizations globally experienced at least one ransomware attack, with the average total cost reaching $4.3 million.

Reporting and Response

Victims of ransomware attacks are advised to report incidents to authorities such as the FBI, CISA, or the U.S. Secret Service. The Internet Crime Complaint Center offers a platform for reporting suspected Internet-facilitated criminal activities. The response strategy of SEP2 Enseignes to the ransom demand by Lockbit2, including whether the ransom will be paid, has not been publicly disclosed.

The attack on SEP2 Enseignes underscores the persistent threat of ransomware to businesses across various sectors. It is imperative for companies to adopt comprehensive cybersecurity measures to mitigate the risk of such attacks.

Sources

• SEP2 Enseignes: https://www.sep2.com/
• FBI: Ransomware: https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-scams-and-crimes/ransomware
• CISA: Report Ransomware: https://www.cisa.gov/stopransomware/report-ransomware
• Cybersecurity Ventures: Ransomware Report: https://cybersecurityventures.com/ransomware-report/
• SOCRadar: Dark Web Profile: Play Ransomware: https://socradar.io/dark-web-profile-play-ransomware/
• Spin.AI: Ransomware Tracker 2024: https://spin.ai/resources/ransomware-tracker/