Ransomware Attack on Myers Automotive Group by Akira

Company Profile

Myers Automotive Group, a prominent automotive dealership based in Ottawa, Ontario, has been operational since 1942. Specializing in the sales and servicing of high-profile brands such as Cadillac, Chevrolet, Buick, and GMC, the company has established a significant market presence. With an employee base ranging between 1,001 and 5,000 and an annual revenue of approximately $296.1 million, Myers Automotive Group is a key player in the North American automotive sector.

The company is renowned for its customer-centric approach, often highlighted through positive customer feedback and a strong social media presence, particularly on LinkedIn.

Ransomware Attack Details

The Akira ransomware group, known for its affiliation with the defunct Conti ransomware gang, has recently targeted Myers Automotive Group. This attack involved typical ransomware deployment but the specifics of the ransom demand have not been disclosed. It is suspected that the stolen data may include sensitive information such as client details, employee records, and financial data.

Vulnerabilities and Industry Impact

Given the size and industry of Myers Automotive Group, the company holds substantial customer and internal data, making it an attractive target for ransomware attacks. The automotive sector, with its extensive supply chain interactions and reliance on digital processes, remains vulnerable to such cyber threats. This incident highlights the critical need for advanced cybersecurity measures in the retail and automotive sectors.

Sources

• Myers Automotive Group Official Website
• Bloomberg - Company Profile: Myers Automotive Group
• Datanyze - Myers Automotive Group
• Trend Micro - Ransomware Spotlight: Akira
• Sophos News - Akira Again: The Ransomware That Keeps on Taking
• Tripwire - Akira Ransomware: What You Need to Know
• Trellix - Akira Ransomware
• IC3 - Akira Ransomware Claims