SafePay Ransomware Hits PI Burners Inc Exposing Data
Ransomware Attack on P.I. Burners Inc. by SafePay
P.I. Burners Inc., also known as Power & Industrial Services Corporation, recently fell victim to a ransomware attack orchestrated by the SafePay group. This incident has raised significant concerns about the security of sensitive information and the potential impact on the company's operations.
Company Profile
P.I. Burners Inc. operates in the engineering and manufacturing sectors, focusing on providing innovative products and services for the power generation and industrial markets. The company specializes in designing and producing custom-engineered solutions that enhance the efficiency and performance of combustion systems. Known for its commitment to safety and compliance, P.I. Burners ensures that its products meet stringent industry standards. The company also emphasizes sustainability, aligning with industry trends towards decarbonization and energy efficiency.
Attack Overview
On November 21, SafePay targeted P.I. Burners' website, piburners.com, resulting in a data leak of 156GB. The attack has highlighted vulnerabilities within the company's cybersecurity infrastructure, which may have been exploited by the ransomware group. The breach has raised concerns about the potential exposure of sensitive data and the disruption of the company's operations.
SafePay Ransomware Group
SafePay is a relatively new player in the ransomware landscape, known for employing ransomware-as-a-service tactics and utilizing LockBit source code. The group distinguishes itself through a double-extortion strategy, encrypting files and threatening to release stolen data if ransom demands are not met.
Potential Vulnerabilities
P.I. Burners, as a small to medium-sized enterprise, may have been targeted due to potential gaps in its cybersecurity defenses. The company's reliance on specialized engineering solutions and contracts within the power industry suggests a complex IT infrastructure that could be vulnerable to sophisticated cyber threats. The attack underscores the importance of effective cybersecurity measures to protect against evolving ransomware tactics.
Sources
See Halcyon in action
Interested in getting a demo?
Fill out the form to meet with a Halcyon Anti-Ransomware Expert!