Tampa State Bank Breached by Akira Ransomware Group

Incident Date: Nov 20, 2024

Attack Overview
VICTIM
Tampa State Bank
INDUSTRY
Finance
LOCATION
USA
ATTACKER
Akira
FIRST REPORTED
November 20, 2024

Ransomware Attack on Tampa State Bank: A Closer Look at Akira's Latest Breach

Tampa State Bank, a longstanding financial institution in Kansas, has reportedly fallen victim to a ransomware attack orchestrated by the notorious Akira group. This breach has exposed approximately 13 GB of sensitive data, including financial records, driver licenses, Social Security numbers, and employee contact details.

About Tampa State Bank

Established over a century ago, Tampa State Bank serves the communities of Tampa and Marion, Kansas. As a community bank, it offers a comprehensive range of financial services, including agricultural, commercial, residential real estate, and consumer loans. The bank also provides various deposit accounts, such as checking and savings accounts, CDs, and IRAs. Known for its customer-centric approach, Tampa State Bank has been a cornerstone in its region, emphasizing security and service excellence.

Vulnerabilities and Targeting

Despite its service offerings, Tampa State Bank's status as a community bank may have made it an attractive target for cybercriminals. Smaller financial institutions often face challenges in maintaining the same level of cybersecurity defenses as larger banks, potentially leaving them vulnerable to sophisticated ransomware attacks. The bank's focus on customer service and community engagement underscores its importance in the local economy, making the impact of such breaches particularly significant.

About Akira Ransomware Group

Emerging in March 2023, Akira operates as a Ransomware-as-a-Service (RaaS) entity, leveraging a sophisticated encryption model and targeting high-stakes sectors like finance. The group is known for its technical prowess, employing advanced techniques to infiltrate systems, often through spear-phishing and exploiting vulnerabilities in VPNs and other network components. Akira's ability to adapt its tactics, including the development of a Rust-based variant for cross-platform attacks, highlights its strategic approach to maximizing impact.

Sources

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