Tokai Solidtire & Track Targeted by Lockbit3 Ransomware Group

Tokai Solidtire & Track, a company specializing in the manufacturing of solid resilient tires, has been targeted by the Lockbit3 ransomware group. The attack was announced on the group's dark web leak site, and the victim's website is http://tokaisolidtire.com. The company operates in the manufacturing sector and is known for its 3 Layer, 3 Shift workhorse tire, which is a baseline solid resilient tire with natural rubber throughout.

Tokai Solidtire & Track is a part of Mouldmate, a company that also produces mold-on wheels for scissor lift and aerial applications, continuous-wrap, metal core rubber tracks for CTL, Mini-Ex & Mini Ag, and military-grade run-flat inserts. The company's size and industry position it as a significant player in the tire manufacturing sector, making it an attractive target for threat actors.

The vulnerabilities that led to the successful attack on Tokai Solidtire & Track are not explicitly mentioned in the search results. However, it is known that ransomware attacks often exploit weaknesses in software, outdated systems, or unpatched vulnerabilities. In the case of Lockbit3, the group is known for using a variety of attack vectors, including exploiting unpatched vulnerabilities in software and targeting weak passwords.

The Lockbit3 ransomware group has been active since at least 2022 and has been responsible for several high-profile attacks, including one on Change Healthcare, which resulted in disruptions for pharmacies and hospitals for weeks. The group is known for its aggressive tactics, including double-extortion, where data is stolen before decryption and threatened to be sold or leaked if the ransom is not paid.

In response to ransomware attacks, it is crucial for organizations to have robust cybersecurity measures in place, including regular software updates, strong passwords, and employee training on cybersecurity best practices. In the event of an attack, organizations should follow established incident response procedures, such as isolating affected systems, preserving evidence, and consulting with law enforcement and cybersecurity experts.

Tokai Solidtire & Track has not released a public statement regarding the ransomware attack. The company's website remains operational, but it is unclear if the attack has affected their operations or customer service.

Sources

• Tokai Solidtire & Track Website: http://tokaisolidtire.com
• Comparitech Ransomware Attack Map: https://www.comparitech.com/ransomware-attack-map/
• CISA Ransomware Response Checklist: https://www.cisa.gov/stopransomware/ive-been-hit-ransomware
• Ransomware Tracker: https://spin.ai/resources/ransomware-tracker/