The LockBit ransomware group has added Bianchi Industry SpA to their victim list and claims to have obtained access to 500 GB of company data.
The data allegedly includes SQL databases, financial data, laboratory research, projects, passports, and more.
LockBit claims to have successfully breached the Italian company Bianchi Industry SpA and to have obtained a trove of highly sensitive data.
The hackers have given the company three days to pay the ransom, or they will publish all files. However, the authenticity of the breach cannot be independently confirmed at this moment.
If the breach is legitimate, the implications could be severe for Bianchi Industry SpA.
Losing access to sensitive data can be a massive setback for a company, and the publication of confidential information could harm the company’s reputation and lead to legal consequences.
However, it is not certain at this moment if the breach is authentic.
LockBit posted the following on March 23:
We believe security online security matters and its our mission to make it a safer place.
The LockBit ransomware and hacker group has become a well-known name in recent times for its significant record of targeting companies across the globe.
According to Trustwave, the group has established its dominance in the ransomware sphere, accounting for 44% of all ransomware attacks from January to September 2022.
The hacker group has also been charged by the US Department of Justice for stealing and extorting millions of dollars in ransom payments.
In the past, it targeted Pendragon, a UK car dealership company that refused to pay a $60 million ransom.
Bianchi Industry SpA, which was established in 1959, is a leading company in the vending machine and Ho.Re.Ca markets.
If the data breach is confirmed, it could result in significant harm to the company’s reputation and financial stability.
In conclusion, while the authenticity of the data breach has yet to be confirmed, the potential consequences for Bianchi Industry SpA could be severe.
The LockBit ransomware group’s history of targeting companies around the world adds to the gravity of the situation.
The company’s reaction to the alleged ransom demand will decide the following steps in this developing narrative.