TG3 Electronics Faces Ransomware Threat from Rhysida Group
Ransomware Attack on TG3 Electronics by Rhysida Group
On January 20, 2025, TG3 Electronics, a prominent player in the manufacturing sector, fell victim to a ransomware attack allegedly orchestrated by the Rhysida group. This incident underscores the persistent threat posed by ransomware actors targeting critical industries.
Company Profile: TG3 Electronics
Founded in 1986, TG3 Electronics is a leading supplier of engineered input solutions based in Kenosha, Wisconsin. The company specializes in designing and manufacturing custom input devices, including keyboards, bump bars, and control panels, for diverse sectors such as medical, healthcare, public safety, and industrial applications. Operating from a 45,000 square foot facility, TG3 Electronics employs approximately 42 people and generates an estimated annual revenue of $8.2 million. Their commitment to quality is evidenced by ISO 9001:2015 and ISO 13485:2016 certifications.
Attack Overview
The Rhysida ransomware group claims to have accessed TG3 Electronics' database, threatening to publish the data within a week. The exact size of the potential data leak remains unknown. This attack highlights the vulnerabilities faced by companies like TG3 Electronics, which handle sensitive data across multiple sectors. The company's reliance on custom solutions and engineering expertise makes it a lucrative target for threat actors seeking to exploit data sensitivity and operational continuity.
Rhysida Ransomware Group
Emerging in May 2023, Rhysida has quickly established itself as a formidable Ransomware-as-a-Service (RaaS) operator. Known for targeting high-value sectors such as healthcare and government, Rhysida employs a double extortion model, demanding ransoms for both data decryption and to prevent public data release. Their tactics include phishing, VPN exploitation, and the use of legitimate system tools to evade detection. Rhysida's operations resemble those of Vice Society, suggesting potential tactical overlap.
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