quantum attacks Valley Rentals

Incident Date: Apr 29, 2022

Attack Overview
VICTIM
Valley Rentals
INDUSTRY
Real Estate
LOCATION
USA
ATTACKER
Quantum
FIRST REPORTED
April 29, 2022

Quantum Ransomware Attacks Valley Rentals

Valley Rentals, a real estate company operating in the United States, has been targeted by the ransomware group Quantum. The attack was announced on the group's dark web leak site, and the victim's website is Valley Rentals.

Valley Rentals is a real estate company that offers apartment rentals in various cities, including Aberdeen, Bismarck, Fargo Metro Area, and Valley City. The company's website provides a search feature for users to find apartments based on their desired city.

The size and specifics of Valley Rentals are not readily available in the search results. However, the company's vulnerabilities and potential reasons for being targeted by threat actors can be inferred from the nature of the attack. Ransomware attacks typically exploit vulnerabilities in outdated software, unpatched systems, or weak passwords. In the case of Valley Rentals, it is unclear whether these vulnerabilities existed or were exploited by the Quantum group.

The real estate sector has been a target for ransomware attacks in recent years, with several high-profile incidents reported. For instance, in November 2023, two New Jersey hospitals were hit by a ransomware attack that disrupted their operations for five days, affecting 617,000 patients. In February 2023, Lehigh Valley Health Network, a healthcare provider, was also targeted by a ransomware gang.

To mitigate the risks of ransomware attacks, companies should ensure their software is up-to-date, implement strong password policies, and regularly back up their data. Additionally, employee training on cybersecurity best practices can help prevent phishing attacks, which are a common vector for ransomware infections.

Sources

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