![]() Historically, ransomware has targeted a number of high-value sectors – finance, professional services, the public sector – in wealthy countries, concentrating on the US and other G7 members. The original version of this article was first published on Futurum Research.A spate of ransomware targeting countries in the Global South has demonstrated an evolution in attackers’ tactics. What the Massive Twitter Hack Means for CISOs and Security Vendors Image Credit: teiss Garmin Cyber-attack Garners Up To $10 Million Ransom To Hackers Twitter Hacker’s Virtual Court Hearing Gets Zoombombed These columns are for educational purposes only and should not be considered in any way investment advice. Companies must remain on guard and beef up security measures as much as they can, through solution updates and making sure security teams have the latest training.įuturum Research provides industry research and analysis. That said, the list of companies targeted by cyber criminals grows longer by the day, and it’s only a matter of time before the next large corporation is held for cyber ransom. As I have predicted in the past, these attacks will become more prominent during the global pandemic since companies are already facing the challenges of accelerated digital transformation while possibly also short-staffed, and may be more vulnerable to cyber-attacks.Īt this point it is wait-and-see as to whether Brown-Forman will give in to the REvil cyber gang, and of course we’ll really only know whatever information the company ultimately chooses to release on that front. Ransomware that used to attack end users’ personal PCs are now being strategically launched against large corporations or even government entities. ![]() The REvil ransomware breach targeting Brown-Forman and the recent $10 million Garmin ransomware attack is evidence that these type of cyber-attacks are becoming more frequent and more sophisticated in terms of strains. REvil is a major player in the ransomware game, using a ransomware-as-a-service model that has proven to be incredibly lucrative. We are working closely with law enforcement, as well as world-class third-party data security experts, to mitigate and resolve this situation as soon as possible.” Brown-Forman has also stated that at the moment there are no active negotiations with the attacker. In a statement commenting on the REvil ransomware breach, Brown-Forman said, “Unfortunately, we believe some information, including employee data, was impacted. A breach of this nature makes it possible that personally identifiable employee information, like home addresses, DOB, social security numbers, and even personal bank information, are in the hands of cybercriminals, which can easily lead to identity theft.Īs is the case in many breach instances, Brown-Forman has been relatively quiet about the breach, but the company reports it has been working with law enforcement and is working with a data security firm. With the company having over 4,700 employees in locations all over the world, this attack reminds us that employee information can also be fairly easily compromised. Multiple screenshots posted by REvil to substantiate the breach show internal communications, directory trees, financial documents, contracts, and personnel data, dating as far back as 2009. REvil claims to possess confidential information about employees, company agreements, contracts, financial statements, and internal correspondence. In this case, the REvil cyber gang claims to have stolen 1TB of data that includes confidential information and is attempting to force ransom from Brown-Forman by threatening to leak the data in batches on a dedicated site the gang uses to post stolen data on. Headquartered in Louisville, Kentucky, the company has annual revenues in excess of $3 billion and owns whiskey and scotch brands Jack Daniel’s Woodford, Old Forester, Collingwood, Glenglassaugh, and Glendronach, and other liquor brands such as Herradura, El Jimador, Pepe Lopez tequila, Finlandia vodka, Korbel Champagne and Sonoma-Cutrer wine. REvil Ransomware Breach Targets Jack Daniel’s Parent Brown-Forman - Steals 1 TB of DataĪnalyst Take: In discussing the REvil ransomware breach targeting Jack Daniel’s parent Brown-Forman, it’s important to note that Brown-Forman is not a small company. The gang has gained access to Brown-Forman’s systems and devices for over a month and have purportedly exfiltrated about a terabyte of the company’s data that is now being used as leverage to extort payment from Brown-Forman. The News: The REvil ransomware breach targets Jack Daniel’s parent Brown-Forman, the Kentucky-based parent company of multiple alcohol brands including Jack Daniel’s, Finlandia vodka and Korbel champagne.
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