lorenz attacks Keicorp(ICPM)

Incident Date: Apr 06, 2022

Attack Overview
VICTIM
Keicorp(ICPM)
INDUSTRY
Software
LOCATION
Singapore
ATTACKER
Lorenz
FIRST REPORTED
April 6, 2022

ICPM Ransomware Attack

Company Overview

ICPM, a Singapore-based entity in the Software sector, positions itself as a comprehensive solution provider across various industries. The company has developed a wide array of systems to serve diverse market needs and has established robust partnerships, thereby securing trust and credibility among its clientele. Their product lineup encompasses rugged mobile computers, RFID readers, and industry-specific cloud-based web applications. Additionally, ICPM offers services such as CRM and Planner apps, Printing WIP System, Onsite Job Verification System, and IIX Values™, a platform for measuring digital impact.

Company Size and Industry Standout

While specific details regarding ICPM's size are not disclosed on their website, the breadth of products and services they provide indicates their significant role within the Software sector. Their distinction lies in the bespoke solutions they offer to various industries, coupled with the strong partnerships and client relationships they have nurtured.

Vulnerabilities

The precise vulnerabilities exploited in the ransomware attack on ICPM remain unspecified. Nonetheless, ransomware attacks typically leverage flaws in software, outdated systems, or human error. To mitigate such threats, it is crucial for organizations to consistently update their software, implement stringent security protocols, and conduct regular employee training on cybersecurity best practices.

The ransomware attack on ICPM underscores the persistent risk of cybercrime facing businesses across all sectors and sizes. It is imperative for companies to maintain vigilance and adopt proactive strategies to safeguard their systems and data against such incursions.

Sources

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