United Bakery Equipment Faces Ransomware Attack by INC Ransom

Incident Date: Nov 21, 2024

Attack Overview
VICTIM
United Bakery Equipment
INDUSTRY
Manufacturing
LOCATION
USA
ATTACKER
Inc Ransom
FIRST REPORTED
November 21, 2024

Ransomware Attack on United Bakery Equipment by INC Ransom Group

United Bakery Equipment (UBE), a leading manufacturer in the bakery machinery sector, has recently fallen victim to a ransomware attack orchestrated by the notorious INC Ransom group. This incident highlights the vulnerabilities faced by manufacturing companies, particularly those with a significant presence in specialized industries.

Company Profile and Industry Standing

Established in 1966, UBE is headquartered in Santa Fe Springs, California, and is recognized as the largest supplier of bread and bun slicers and baggers in the United States. The company employs approximately 27 to 28 individuals and generates an annual revenue of around $15.4 million. UBE's product lineup includes advanced slicing and packaging machinery, which is engineered to meet stringent safety and sanitation standards. Their commitment to engineering excellence and innovation has positioned them as a leader in the bakery equipment industry, serving a global clientele across over 60 countries.

About the INC Ransom Group

Emerging in July 2023, the INC Ransom group has quickly gained notoriety for targeting large organizations across various industries, including manufacturing. They employ sophisticated tactics such as spear-phishing and exploiting vulnerabilities to gain initial access. The group is known for its aggressive extortion methodologies, often threatening to leak stolen data if ransom demands are not met. Their ability to infiltrate networks and exfiltrate data makes them a formidable threat in the cybersecurity landscape.

Potential Vulnerabilities and Attack Vector

Given UBE's reliance on advanced technologies and a small team managing operations, the company may have been vulnerable to targeted attacks exploiting human error or unpatched software vulnerabilities. The INC Ransom group likely leveraged these weaknesses to penetrate UBE's systems, emphasizing the need for enhanced cybersecurity measures in the manufacturing sector.

Sources

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