NanoLumens: A Target of Ransomware Attack
Ransomware Attack on NanoLumens
Company Profile Profile
NanoLumens is a private company founded in 2006 that specializes in LED visualization solutions. The company is based in Peachtree Corners, Georgia, has a workforce ranging from 51 to 200 employees, and a company's revenue estimated to be between $5 and $25 million. The company has experienced rapid growth since its funding of $57.3 million, with its workforce doubling in size over the last two years and plans to move to a larger headquarters in Norcross, Georgia.
Industry Standing
The company stands out in the Media & Internet sector for its LED visualization solutions. The company's innovative technology and rapid growth have garnered recognition in the industry, with awards highlighting its breakthrough solutions. NanoLumens' plans for expansion and strategic executive appointments demonstrate its commitment to staying at the forefront of LED visualization technology. It has been recognized for its innovation,receiving the 2011 Breakthrough Technology of the Year Award at the American Technology Awards.
Vulnerabilities
In April 2024 they became a victim of Hunters, a ransomware group claiming to have 30,000 files of stolen data. The company's innovative technology and growth trajectory could have made them a lucrative target for ransomware groups seeking sensitive data to steal like valuable intellectual property or customer profiles. Additionally, plans to move to a larger headquarters and expansion plans may introduce new vulnerabilities as the company scales its operations.
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