SPIE TEC Hit by RansomHub in Major Ransomware Attack

Incident Date: Aug 26, 2024

Attack Overview
VICTIM
SPIE TEC
INDUSTRY
Business Services
LOCATION
Germany
ATTACKER
Ransomhub
FIRST REPORTED
August 26, 2024

RansomHub Targets SPIE TEC in Devastating Ransomware Attack

SPIE TEC, a prominent engineering services provider, has fallen victim to a ransomware attack orchestrated by the notorious RansomHub group. The attack has compromised several sensitive documents, including contracts with high-profile clients such as the BMW Group.

About SPIE TEC

SPIE TEC GmbH operates under the larger SPIE SA group, specializing in mechanical and electrical engineering, automation, and design and manufacturing. With a workforce of over 50,000 employees, SPIE TEC is a significant player in the business services sector, particularly in Germany. The company is known for its comprehensive engineering solutions, project management, and commitment to sustainability and corporate responsibility.

Attack Overview

The ransomware attack has led to the exfiltration of several critical documents, including "Microsoft_PowerPoint_2011_Empfehlung_BG11_B57_Praesentation_pptx.pdf" and "Verpackungshandbuch_der_BMW_Group_Vertrieb_de.pdf." Despite multiple visits to the ransom chat, SPIE TEC has remained silent, prompting RansomHub to release sample data as a warning. The cybercriminals have issued an ultimatum, giving SPIE TEC seven days to pay the ransom or face the public release of all their documents.

About RansomHub

RansomHub, a Ransomware-as-a-Service (RaaS) group, emerged in February 2024. Known for its aggressive affiliate model and double extortion tactics, the group has quickly become a formidable player in the ransomware landscape. RansomHub's ransomware is optimized for speed and efficiency, targeting a wide range of cross-platform systems. The group primarily uses phishing campaigns, vulnerability exploitation, and password spraying to gain initial access.

Penetration and Vulnerabilities

RansomHub likely penetrated SPIE TEC's systems through unpatched vulnerabilities or phishing campaigns. The group's affiliates are known for conducting multi-phase attacks involving network reconnaissance, privilege escalation, and data exfiltration before encrypting files. SPIE TEC's extensive operations and valuable data make it an attractive target for such sophisticated threat actors.

See Halcyon in action

Interested in getting a demo?
Fill out the form to meet with a Halcyon Anti-Ransomware Expert!

1
2
3
Let's get started
1
1
2
3
1
1
2
2
3
Back
Next
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.