Medusa Ransomware Hits Karakaya Group in Major Data Breach

Incident Date: Sep 12, 2024

Attack Overview
VICTIM
Karakaya Group
INDUSTRY
Holding Companies & Conglomerates
LOCATION
Turkey
ATTACKER
Medusa
FIRST REPORTED
September 12, 2024

Medusa Ransomware Group Targets Karakaya Group in Significant Data Breach

The Karakaya Group, a prominent Turkish conglomerate, has recently fallen victim to a ransomware attack orchestrated by the notorious Medusa group. This incident has resulted in a substantial data breach, with 198.60 GB of sensitive information compromised.

About Karakaya Group

Founded in 1989, the Karakaya Group operates as a diverse conglomerate in Turkey, primarily known for its involvement in various sectors including retail, construction, and media. The group initially focused on revitalizing the Migros supermarket chain, significantly contributing to its growth and reputation in the retail industry. Over the years, Karakaya Group has expanded its operations across different regions, particularly in the Aegean area, establishing itself as a key player in Turkish commerce.

In addition to retail, Karakaya Group has made notable investments in construction and infrastructure, engaging in projects that enhance urban development and public amenities. Their media division, Karakaya Talks, focuses on independent journalism, providing a platform for diverse voices and narratives. The group also hosts community-oriented events at Karakaya Valley, emphasizing nature and community engagement.

Attack Overview

The ransomware attack on Karakaya Group was claimed by the Medusa group via their dark web leak site. The attack has significantly impacted the company's operations, with a total of 198.60 GB of data compromised. The corporate office, based in Turkey and employing 72 individuals, has been particularly affected.

About Medusa Ransomware Group

Medusa is a ransomware group that emerged in late 2022 and has gained notoriety for its aggressive tactics and high-profile attacks. Operating as a Ransomware-as-a-Service (RaaS) platform, Medusa allows affiliates to use its ransomware to launch attacks. The group has targeted various sectors globally, including education, healthcare, and government services.

Medusa's ransomware is designed to kill numerous applications and services to prevent detection and mitigation. It also disables shadow copies to thwart recovery efforts. The group's ransomware encrypts critical data and demands substantial ransoms for decryption keys, with recent demands ranging from hundreds of thousands to millions of dollars.

Potential Vulnerabilities

The Karakaya Group's diverse operations and significant data holdings make it an attractive target for ransomware groups like Medusa. The company's involvement in multiple sectors, including retail, construction, and media, means it handles a vast amount of sensitive information. This, combined with the group's medium-sized workforce, may have contributed to vulnerabilities that Medusa exploited to penetrate their systems.

Sources

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