Recently, Australian mining company, Northern Minerals, disclosed a breach after BianLian leaked data. Exfiltrated data includes corporate, operational, shareholder and financial information, along with detailed related to current and former personnel. The company noted that the incident did not affect mining or business operations.
Darren Williams, CEO and Founder, BlackFog:
“The attack on Northern Minerals is an example of how ransomware gangs will proceed once their demands are not met. While this is an unfortunate reality for the shareholders and the organization itself, it reflects a common trend among ransomware gangs that are focused specifically on data exfiltration rather than encryption. Today’s gangs are about extortion and the many ways data can be leveraged for financial gain, so the focus must revolve around data security and preventing data exfiltration to protect organizations from these ongoing threats.”
The best way to make the activities of these gangs less profitable is to make sure that they can’t get into your environment. Because you can’t be extorted if they can’t get in.
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This entry was posted on June 6, 2024 at 8:18 am and is filed under Commentary with tags Hacked. You can follow any responses to this entry through the RSS 2.0 feed.
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Australian Mining Company Pwned By BianLian
Recently, Australian mining company, Northern Minerals, disclosed a breach after BianLian leaked data. Exfiltrated data includes corporate, operational, shareholder and financial information, along with detailed related to current and former personnel. The company noted that the incident did not affect mining or business operations.
Darren Williams, CEO and Founder, BlackFog:
“The attack on Northern Minerals is an example of how ransomware gangs will proceed once their demands are not met. While this is an unfortunate reality for the shareholders and the organization itself, it reflects a common trend among ransomware gangs that are focused specifically on data exfiltration rather than encryption. Today’s gangs are about extortion and the many ways data can be leveraged for financial gain, so the focus must revolve around data security and preventing data exfiltration to protect organizations from these ongoing threats.”
The best way to make the activities of these gangs less profitable is to make sure that they can’t get into your environment. Because you can’t be extorted if they can’t get in.
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This entry was posted on June 6, 2024 at 8:18 am and is filed under Commentary with tags Hacked. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.