ETGworld Ransomware Attack by Lockbit3

Company Overview

ETGworld is a multinational company with a significant presence in various industries. Some of their notable activities include:

• Securing a sustainability-linked revolving credit facility of USD 115 million.
• Investing in EAT Anytime, India, and supporting initiatives like Zero Hunger.
• Launching the Virtuous Farming Project and ZimGold Oil Industries PTY in Zimbabwe.
• Partnering with Mitsui’s Farmers 360 Link and Bank of Africa – BMCE Group.
• Introducing plant-based brand Naturz and signing an agreement with Ashok Leyland.

Vulnerabilities and Targeting

Ransomware groups like Lockbit3 often target organizations with weak cybersecurity defenses. In the case of ETGworld, the attack could have been facilitated by vulnerabilities in their systems or network. The specific vulnerabilities are not mentioned in the search results, but it is essential for companies to maintain robust cybersecurity measures to protect against such threats.

The Lockbit3 ransomware attack on ETGworld underscores the imperative for organizations to prioritize cybersecurity and implement robust measures to safeguard against such threats. As the digital landscape continues to evolve, it is crucial for companies to stay informed and vigilant to mitigate the risks of cyber attacks.

Sources

• ETGworld Website: https://etgworld.com/
• Ransomware Posts - GitHub Pages: https://privtools.github.io/ransomposts/