“At the start of September, Kawasaki Motors Europe (KME) was the subject of a cyberattack which, although not successful, resulted in the company’s servers being temporarily isolated until a strategic recovery plan was initiated later on the same day," KME said in a statement.
RansomHub Behind Leak
RansomHub, an infamous Ransomware-as-a-Service (RaaS) has leaked 478GB of data which the group claims belongs to the KME website, after the attack. Important business documents were exposed- dealership details, internal communications, banking records, and financial info.
Threat actors posted the exposed data on their extortion site on the dark net, suggesting that KME didn’t agree to pay the ransom demanded by RanHub.
RansomHub has become popular after its creation in February 2024, it is now one of the most efficient RaaS groups, it was responsible for 75 ransom attacks in Q2 of 2024. RansomHub’s victims include high-level targets like Planned Parenthood and Change Healthcare.
To warn about the attacks, the US Cybersecurity and Infrastructure Agency (CISA) issued an advisory, highlighting indicators of compromise (IoC) to combat the threat of potential targets.
Rising Ransom Demands
With a significant increase in the number of RaaS, the ransom demand trend is also rising. A threat actor demands a shocking $1.5 million in return for a victim’s stolen data. In 2023, the ransomware number was a mere $200,000, which shows the dominance of ransomware groups and the harm they cause to an organization.
How to Combat Ransomware Attacks?
Adopting a proactive cybersecurity plan can help a business address future threats and take measures to mitigate risks, reducing the threat of future attacks.
A strong incident response plan can reduce the impact of a ransomware breach. It should have a framework for a plan of action for a possible attack, this can include a data recovery process, legal aspects, and communication protocols.
Human error is one of the leading causes of breach, but employee training and awareness helps to identify threats and respond accordingly.