Watermark Commercial Properties Ransomware Attack

Watermark Commercial Properties, a full-service commercial and residential real estate brokerage and management firm based in Tulsa, Oklahoma, has reportedly been targeted by the ransomware group Lockbit2. The company, which has over 35 years of experience in the Tulsa market, offers services in various real estate sectors, including apartment communities, industrial properties, office spaces, residential properties, and retail spaces.

The attack on Watermark Commercial Properties is part of a larger trend of ransomware attacks targeting businesses, as seen in the Kaseya incident in 2021, where 200 businesses were affected. The Lockbit2 group is known for its aggressive tactics and has been identified as one of the top 10 most impactful ransomware groups in volume.

The specific vulnerabilities that led to Watermark Commercial Properties being targeted are not detailed in the available information. However, the incident underscores the need for robust cybersecurity measures to protect against ransomware attacks, which can result in data loss and financial damage.

Sources

• Watermark Commercial Properties
• Reuters: Ransomware breach at Florida IT firm hits 200 businesses
• TechCrunch: Fortra GoAnywhere ransomware attack