News and Updates on Information Technology

New Zealand – Fisher and Paykel

Exploit: Ransomware  
Fisher and Paykel: Appliance Manufacturer and Distributor

Risk to Small Business: 2.374 = Severe

The saga continues for New Zealand appliance company Fisher and Paykel, as they continue to experience damage following a ransomware attack last month. In June, attackers took the company’s data hostage, releasing a teaser on the Dark Web as part of its initial ransom demand. The attackers used Nefilim ransomware, whi9ch is effective against Windows systems.  A larger trove of corporate data just hit the Dark Web after the company apparently failed to meet the ransom demand. So far the materials released are financial documents dating back to 2014. 

Individual Risk: No personally identifying information or personal financial data was reported as exposed in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: It’s become increasingly common for ransomware attacks to have multiple components, with attackers initially making a ransom demand while providing sample data as proof that they have information, and then escalating incidents if their demands are not met. With a huge rise in phishing attempts, businesses can’t afford to take security awareness training chances.