Lynx Group Ransomware Strikes Hydra-Matic Packing
Ransomware Attack on Hydra-Matic Packing by Lynx Group
Hydra-Matic Packing Co., Inc., a well-established player in the material conversion industry, has recently fallen victim to a ransomware attack orchestrated by the Lynx group. This incident highlights the vulnerabilities faced by manufacturing companies in the digital age.
About Hydra-Matic Packing
Founded in 1945, Hydra-Matic Packing Co., Inc. is a family-owned business based in Huntingdon Valley, Pennsylvania. The company operates a 100,000 square foot facility and employs between 50 to 100 people. Specializing in the fabrication, slitting, warehousing, and distribution of industrial fiberglass products, Hydra-Matic serves sectors such as filtration, healthcare, and industrial appliances. Their reputation for quality and precision in services like slitting and rewinding, die cutting, and fiberglass molding sets them apart in the industry.
Details of the Attack
The Lynx ransomware group has claimed responsibility for the attack on Hydra-Matic, asserting that they have exfiltrated sensitive data from the company. The group has posted sample screenshots of the stolen data on their dark web portal, substantiating their claims. This attack underscores the growing threat of ransomware to manufacturing companies, which often rely on legacy systems that may be more vulnerable to cyber threats.
Profile of Lynx Ransomware Group
Lynx is a relatively new ransomware group that emerged in mid-2024, known for its aggressive tactics and double extortion methods. The group targets small and medium-sized businesses across North America and Europe, employing a ransomware-as-a-service model. Lynx distinguishes itself by using advanced encryption algorithms and maintaining both clear web and dark web leak sites to coerce victims into paying ransoms. Their connection to the INC Ransom group, through shared code, highlights the evolving nature of ransomware threats.
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