Security Market Segment LS
Friday, 11 December 2020 09:11

Global minerals technology firm suffers hit from Windows Egregor ransomware

By
Global minerals technology firm suffers hit from Windows Egregor ransomware Image by dawnydawny from Pixabay

New York-based global minerals-based company Minerals Technologies appears to have been attacked by cyber criminals using the Egregor ransomware that runs only on Microsoft's Windows operating system.

The attackers have released what they claim is 5% of the data that they stole from the company's website during the attack.

According to its website, Minerals Technologies is a US$1.8 billion (A$2.4 billion) company operating in 35 countries. It claims to be a leader in minerals-based application technology and innovation.

It has 158 production locations around the world, 12 research and development centres and employs 3628 people.

The company was contacted on Wednesday morning AEDT using the only email address available on its website and comment was requested by noon on Thursday. Till the time of writing — Friday morning AEDT — there has been no response.

Egregor has recently come into prominence after the Maze ransomware group announced it was shutting down operations.

At the time of the announced shutdown, Peter Mackenzie, the incident response manager for Sophos Rapid Response, told iTWire that this kind of "shutting down" had been seen with other malware groups in the past.

"The announcement by the Maze operators that they are ceasing operations after just over a year of activity is probably not as significant as it might appear," he said.

"We've seen it all before and this is likely to be more of a revolving door than a dramatic exit."

The website Bleeping Computer, which follows the activity of ransomware groups closely, reported the Maze decision, claiming that most of the affiliates of this group had moved over to a new entrant known as Egregor.

Recently, global human resources firm Randstad, a huge operation that pulled in revenue of €23.7 billion (A$38.68 billion) in 2019, was attacked by a gang using Egregor.

Prior to that, Dr Reddy's Laboratories, an Indian company that is conducting trials on the Russian-developed Sputnik vaccine for COVID-19, was hit by Egregor.

Contacted for comment, Brett Callow, a ransomware researcher with the New Zealand-headquartered security firm Emsisoft, told iTWire: "Egregor is listing new victims at an unprecedented rate, likely because they started out with a considerable number of affiliates.

"And the reason for that may be that Egregor is, in fact, Maze. While the crims closed that particular operation, they probably didn't take early retirement and sail off to the tropics to spend the rest of their days sipping piña coladas while fanning each other with palm leaves.

"It's far more likely that they started another ransomware operation, and there are clear indications that that operation may well be Egregor."


Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous

VENDOR NEWS