LockBit 2.0 ransomware hits Israeli defense firm, threats to leak data

Israeli Aerospace & Defense firm E.M.I.T. Aviation Consulting Ltd. was hit by LockBit 2.0 ransomware, who said they have stolen information and data from the firm and threaten to release them in its dark web leak site if the firm does not pay a ransom.

According to the threat intelligence firm Cyble, the ransomware gang has stolen databases containing over 6TB of data and is asking a $50M ransom:

“The threat actors have allegedly gained databases of over 6TB and demanded $50M as a ransom. They also alleged that it’s an insider job, by someone who is still employed there (unlikely though).”

As per the latest information, the ransomware group has yet to share any files as proof of the attack, or reveal any other evidence of the attack, and its countdown will conclude on October 7, 2021. It is unknown how the threat actors gained access to the firm or when the security incident occurred.

LockBit 2.0, like many other ransomware attacks, has a ransomware-as-a-service model and has a network of affiliates.

The LockBit ransomware group has been functioning since September 2019, and the LockBit 2.0 RaaS was revealed in June.

After ransomware adverts were prohibited from hacker forums, the LockBit developers created their own leak site to promote the newest version and the LockBit 2.0 affiliate network.

During this time, the gang is highly active.

Riviana, Anasia Group, Vlastuin Group, Peabody Properties, SCIS Air Security, DATA SPEED SRL, Wormington & Bollinger, Island independent buying group, Buffington Law Firm, Day Lewis, and dozens of other firms throughout the world are among the latest victims.

In August, the Australian Cyber Security Centre (ACSC) warned that LockBit 2.0 ransomware attacks against Australian companies have been rising since July 2021.

E.M.I.T. Aviation Consulting Ltd came into existence in 1986. The firm has designed and assembled complete aircraft, tactical and sub-tactical UAV systems, and portable integrated reconnaissance systems.

Related Articles

Back to top button