Mektec Corporation Suffers Ransomware Attack by Lockbit3

Company Overview

Mektec Corporation, formerly known as Japan Mektron, underwent a corporate name change on July 1, 2024. The company has been involved in various projects, including the development of a hydrogel-coated stretchable FPC and a biocompatible conductive adhesive.

Industry Standout

Mektec Corporation is known for its innovative products and solutions in the manufacturing sector. Their focus on biocompatible materials and stretchable FPCs sets them apart from competitors, positioning them at the forefront of technological advancements in their industry.

Vulnerabilities

The specific vulnerabilities that led to the ransomware attack on Mektec Corporation are not detailed in the search results. However, ransomware attacks typically exploit weaknesses in software, outdated systems, or human error, such as phishing emails or unsecured remote access protocols.

Ransomware Attack

Ransomware is a type of malware that encrypts files or locks access to a system, demanding a ransom payment for decryption or access. In this case, Lockbit3 has targeted Mektec Corporation, potentially causing significant disruption to their operations and data integrity.

Mitigation Strategies

To mitigate the risks of ransomware attacks, companies should focus on good cyber hygiene habits, such as regular vulnerability scanning, maintaining offline backups, and keeping software up-to-date. In the event of an attack, victims should report to federal law enforcement and contact CISA for assistance.

Sources

• Japan Mektron, Press Releases, http://www.mektron.co.jp/
• No More Ransom Project, Home, https://www.nomoreransom.org
• Check Point, Ransomware Attack - What is it and How Does it Work?, https://www.checkpoint.com/cyber-hub/threat-prevention/ransomware/
• FBI, Ransomware, https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-scams-and-crimes/ransomware
• CISA, Stop Ransomware, https://www.cisa.gov/stopransomware
• Kaspersky, Ransomware Attacks and Types – How Encryption Trojans Differ, https://usa.kaspersky.com/resource-center/threats/ransomware-attacks-and-types