Ransomware Attack on Silverstone University Technical College

Incident Date: May 16, 2024

Attack Overview
VICTIM
Silverstone UTC
INDUSTRY
Education
LOCATION
United Kingdom
ATTACKER
Lockbit
FIRST REPORTED
May 16, 2024

Ransomware Attack on Silverstone University Technical College

Victim Overview

Silverstone University Technical College, located in Silverstone, Northamptonshire, UK, is a specialized institution offering technical education and training in engineering, motorsport, and digital technologies to students aged 14-19. The college, with approximately 465 students, is known for its focus on high-performance engineering and business with events management, providing hands-on experience and industry-recognized qualifications.

Attack Overview

The LockBit 3.0 ransomware group targeted Silverstone University Technical College's website, compromising their systems and data. LockBit 3.0 is a highly advanced and dangerous ransomware variant known for encrypting files, modifying filenames, changing desktop wallpapers, and dropping ransom notes on victims' desktops. The ransomware is designed to be evasive and difficult to analyze, making it a significant threat to organizations.

Ransomware Group Profile

LockBit 3.0, also known as LockBit Black, is a Ransomware-as-a-Service (RaaS) group that has evolved from previous LockBit versions. The group operates under an affiliate-based ransomware approach, targeting businesses and critical infrastructure organizations globally. LockBit 3.0 distinguishes itself with enhanced infection capacities, customization options, and the ability to move laterally through networks, making it a formidable threat in the cybersecurity landscape.

Company Vulnerabilities

Silverstone University Technical College's unique focus on high-performance engineering and business with events management, coupled with its location at the Silverstone Circuit, may have made it an attractive target for threat actors like LockBit 3.0. The college's connections with leading companies in the motorsport industry and its access to state-of-the-art facilities could have exposed it to cyber threats seeking to exploit its industry partnerships and technical infrastructure.

Sources

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