Ransomware Attack on Patrick Kan & Co.

Patrick Kan & Co., a Chartered Accountants firm established in 1975, has recently fallen victim to a ransomware attack perpetrated by the Lockbit2 group. This incident was disclosed on the group's dark web leak site. Patrick Kan & Co. is a prominent entity within the Business Services sector, offering a wide range of services including auditing, computerised accounting, corporate and personal taxation, and corporate secretarial practices.

The firm boasts a team of highly skilled professionals committed to serving as the premier business financial strategists for SMEs, aiming to elevate these organizations to global standards. With a focus on personalized and proactive client service, Patrick Kan & Co. endeavors to stay ahead of market demands and future trends, ensuring the delivery of tailored and value-added services.

Despite the lack of detailed public information regarding the company's size, its longstanding operation since 1975 underscores a significant footprint in the business services landscape. The specifics of the vulnerabilities exploited during the ransomware attack remain undisclosed, as does the company's website.

Lockbit2, the ransomware group behind this attack, is notorious for targeting a variety of sectors, including healthcare and public health organizations, leveraging extortion tactics to compel victims into paying ransoms for the decryption of their files and restoration of server access.

This incident underscores the critical importance of maintaining vigilance and implementing comprehensive cybersecurity measures to safeguard sensitive data and operational integrity against ransomware threats.

Sources

• Patrick Kan & Co. - Our Services
• Justice Department Seizes and Forfeits Approximately $500,000 from North Korean Ransomware Actors and their Conspirators
• Patrick Kan & Co. - Our Clients
• Patrick Kan & Co. - About Us
• Patrick Kan & Co. - Home