lorenz attacks Hensoldt Inc.

Incident Date: Jan 11, 2022

Attack Overview
VICTIM
Hensoldt Inc.
INDUSTRY
Government
LOCATION
USA
ATTACKER
Lorenz
FIRST REPORTED
January 11, 2022

Hensoldt Inc. Suffers Ransomware Attack by Lorenz Group

Hensoldt Inc., a company specializing in military and defense electronics, has been targeted by the Lorenz ransomware group. The attack was announced on the group's dark web leak site, and the victim's website is Hensoldt operates in the Government sector and has been affected by the ransomware attack, which has led to the leak of sensitive data on the dark web.

Company Overview

Hensoldt Inc. is a subsidiary of Northern Defense Industries LLC (NDI), an AMS Group, Inc. company. The company is known for providing shipboard TRS-3D and TRS-4D radar aftermarket support, including spare parts, repairs, and services.

Industry Standout

Hensoldt Inc. is a significant player in the defense electronics industry, providing critical support to military and defense organizations. The company's expertise in radar systems and aftermarket support is essential for maintaining the functionality of these systems, which are crucial for national security and defense operations.

Vulnerabilities

The ransomware attack on Hensoldt Inc. highlights the vulnerabilities of companies in the defense and military sectors to cyber threats. The attackers exploited a weakness in Hensoldt's systems, allowing them to encrypt the company's files and demand a ransom for their release. This incident underscores the importance of robust cybersecurity measures to protect sensitive data and prevent such attacks in the future.

Ransomware Threat Landscape

Ransomware attacks have become increasingly prevalent, with 71% of organizations worldwide experiencing at least one ransomware attack in 2022. The average total cost of an attack hit an astounding $4.3 million, demonstrating the significant financial impact these attacks can have on businesses.

Lorenz Ransomware Group

The Lorenz ransomware group is known for its aggressive tactics, including data exfiltration and double extortion, where victims are threatened with the public release of their stolen data if the ransom is not paid. The group has targeted a wide range of critical infrastructure sectors, including the Defense Industrial Base (DIB), Food and Agriculture, and Information Technology sectors.

Mitigation Strategies

To mitigate the risks of ransomware attacks, organizations should implement robust cybersecurity measures, such as regular software updates, employee training, and the use of backup systems. Additionally, companies should be prepared to respond quickly and effectively to any potential attack, including having a well-defined incident response plan in place.

Sources

  • Ransomware Tracker 2024: Recent Ransomware Attacks - Spin.AI
  • The State of Ransomware in 2022 - BlackFog
  • Biggest Ransomware Attacks, Demands & Payments 2022 & 2021
  • An In-Depth Look at Lorenz Ransomware

See Halcyon in action

Interested in getting a demo?
Fill out the form to meet with a Halcyon Anti-Ransomware Expert!

1
2
3
Let's get started
1
1
2
3
1
1
2
2
3
Back
Next
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.