Medusa Ransomware Hits Manens S.p.A. in Major Cyber Attack

Incident Date: Nov 17, 2024

Attack Overview
VICTIM
Manens S.p.A.
INDUSTRY
Education
LOCATION
Italy
ATTACKER
Medusa
FIRST REPORTED
November 17, 2024

Medusa Ransomware Group Targets Manens S.p.A. in a Significant Cyber Attack

On November 15, Manens S.p.A., a leading Italian engineering consulting firm, became the latest victim of a ransomware attack by the notorious Medusa group. This attack underscores the growing threat of ransomware to organizations in the engineering and consulting sectors.

About Manens S.p.A.

Manens S.p.A., also known as Manens-Tifs S.p.A., is a prominent player in the consulting engineering sector, particularly in sustainability and energy management. Established through the merger of Manens Intertecnica and TiFS Ingegneria, the company boasts over 50 years of experience. Headquartered in Padova, Italy, with additional offices in Verona and Riyadh, Saudi Arabia, Manens employs approximately 400 professionals. The firm is renowned for its expertise in MEP engineering, focusing on mechanical, electrical, and plumbing systems, and is committed to sustainability, promoting green building certifications like LEED® and BREEAM®.

Attack Overview

The Medusa ransomware group, known for its sophisticated encryption techniques and multi-extortion strategies, claimed responsibility for the attack on Manens S.p.A. The attack potentially compromised sensitive corporate data, although the exact size of the data leak remains undisclosed. Medusa's modus operandi typically involves exploiting vulnerabilities through phishing emails and compromised credentials, which may have been the entry point in this case.

Medusa Ransomware Group

Since its emergence in 2021, the Medusa ransomware group has distinguished itself through its rapid encryption capabilities and aggressive multi-extortion tactics. Operating under a Ransomware-as-a-Service model, Medusa targets a diverse range of organizations, including educational institutions and engineering firms. The group employs a hybrid encryption model using AES-256 and RSA-2048 algorithms, making data recovery without a decryption key nearly impossible. Medusa's attacks are geographically widespread, affecting organizations across Europe, North America, and beyond.

Potential Vulnerabilities

Manens S.p.A.'s focus on large-scale infrastructure projects and its extensive use of digital systems for project management and design may have made it an attractive target for cybercriminals. The company's commitment to innovation and sustainability, while a strength, also necessitates advanced cybersecurity measures to protect sensitive data and intellectual property from sophisticated threat actors like Medusa.

Sources

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