Ransomware Attack on Erne AG by INC Ransom Group: Details and Impact

Incident Date: Jul 13, 2024

Attack Overview
VICTIM
Erne AG
INDUSTRY
Construction
LOCATION
Switzerland
ATTACKER
Inc Ransom
FIRST REPORTED
July 13, 2024

Ransomware Attack on Erne AG by INC Ransom Group

Overview of Erne AG

Erne AG, operating under the domain erne.net, is a prominent company in the construction sector, specializing in modern wood construction and innovative building solutions. Headquartered in Laufenburg, AARGAU, Switzerland, Erne AG is known for its advanced technology and sustainable practices in the construction industry. The company has been recognized for its expertise in creating hybrid wood-concrete buildings and office spaces, showcasing its commitment to innovation and sustainability.

Details of the Ransomware Attack

On July 16, 2024, Erne AG fell victim to a ransomware attack orchestrated by the cybercriminal group INC Ransom. The attack involved the encryption and theft of sensitive data, with the threat of public disclosure if ransom demands were not met. The specifics of the data breach, including the size of the leak, remain under investigation. This incident highlights the vulnerabilities that even technologically advanced companies like Erne AG face in the evolving landscape of cyber threats.

About INC Ransom Group

INC Ransom is a sophisticated ransomware group known for its targeted attacks on corporate and organizational networks. The group employs advanced techniques such as spear-phishing campaigns and exploiting vulnerabilities like CVE-2023-3519 in Citrix NetScaler. Their modus operandi includes double extortion, where they not only encrypt data but also steal it, threatening to release it publicly to increase pressure on victims. INC Ransom has targeted various industries, including healthcare, education, government entities, and technology companies, making them a formidable threat in the cybersecurity landscape.

Penetration and Impact

The exact method of penetration in the Erne AG attack is not yet disclosed, but it is likely that INC Ransom used a combination of spear-phishing and exploiting known vulnerabilities. Companies in the construction sector, despite their technological advancements, can be vulnerable due to the extensive use of interconnected systems and third-party collaborations. This attack underscores the importance of robust cybersecurity measures and continuous monitoring to defend against sophisticated threat actors like INC Ransom.

Sources

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