News and Updates on Information Technology

France – Asteelflash

Exploit: Ransomware
Asteelflash: Electronics Manufacturer

Risk to Small Business: 1.802 = Severe

REvil has come to call at French firm Asteelflash, specialists in the design, engineering, and printing of printed circuit boards. This is the latest attack in a series of incidents impacting manufacturers and developers adjacent to the beleaguered semiconductor sector. The gang asked for an initial $12 million ransom, but Asteelflash apparently chose not to pay that within the specified timeframe, so the ransom doubled to $24 million. Data proving the incursion was posted to the gang’s website last week.

Individual Risk:  No sensitive personal or financial information was announced as compromised in this incident, but the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: An incident like this is even more costly when your industry is under pressure, as electronics companies are right now. Cybercriminals are always looking for the opportunity to hold businesses up in challenging times.