News and Updates on Information Technology

United States – Westech International

Exploit: Ransomware
Westech International: Nuclear maintenance subcontractor

Risk to Small Business: 1.510 = Severe

Cybercriminals associated with the MAZE ransomware group exfiltrated company data before encrypting certain networks. The stolen files were subsequently posted online. Westech International is working with cybersecurity experts to identify the scope of the incident and restore access to encrypted data. In the meantime, the company will likely face significant fallout as its business relies on an industry that demands the highest cybersecurity standards. 

Individual Risk: 2.279 = Severe

The company did not detail the specific information compromised in the breach, but the incident includes company emails and payroll information, which likely contain personal and financial data. Anyone impacted by this breach should immediately notify their financial institutions while taking steps to protect their personal information against misuse. 

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Stolen data can be quickly disseminated on the Dark Web. To combat data misuse and to prevent further cybersecurity incidents, today’s organizations need insight into this nefarious marketplace. With information traveling quickly among bad actors, it could be the difference between stopping further misuse and succumbing to a more problematic cybersecurity incident. 

Source:
https://www.infosecurity-magazine.com/news/cyberattack-on-us-nuclear-missile/?&web_view=true