News and Updates on Information Technology

United States – Boyce Technologies

Exploit: Ransomware
Boyce Technologies: Medical Equipment Manufacturer

Risk to Small Business: 1,407 = Extreme

Essential medical equipment producer Boyce Technologies was attacked with DoppelPaymer ransomware. The company produces about 300 low-cost ventilators per day using human and robotic labor. Microsoft noted that this type of ransomware uses “brute force” against a target company’s systems management server. It has extensively targeted the healthcare sector since the start of the COVID-19 crisis.

Individual Risk: No personal or financial information was reported as compromised.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware attacks have grown more sophisticated and more dangerous in 2020, and corporate-level espionage that impacts production has become more prevalent – meaning that companies have to be more cautious about closing security loopholes.