Conti Ransomware Gang targets Jeweler website and Customers

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A London based Jeweler brand that sells exclusive diamond embellishes to rich and elite was targeted by Conti Ransomware group and is seen pressurizing its victim to bow down to their demands by releasing some details related to the siphoned data.

Graff is the company that became a victim of those spreading Conti ransomware and some details related to its customers were leaked on the dark web including David Beckham, Donald Trump, Frank Lampard, Alec Baldwin, Samuel L. Jackson, Philip Green and Kardarshians.

Digital Shadow, that offers risk determining & analyzing software to protect against external cyber threats, discovered the fact that Graff became a victim of Conti Malware gang and informed the company about the potential risks it could be exposed to in the future.

Inquiries made by Cybersecurity Insiders revealed that the details of the hack were not available on Conti ransomware website. Meaning, the threat actors might have started negotiations with the IT staff of the Jeweler brand or the victimized company could have paid them a ransom in order to settle the issue amicably.

NOTE 1- In September 2021, FBI issued a joint statement along with CISA that Conti Ransomware Mitre attacks have increased in recent past and most of the victimized companies were those serving the healthcare sector. The law enforcement agencies’ statement clearly specified that Conti was spreading through phishing scams and so employees of organizations should be educated about the email etiquette to be followed by in corporate environments.

NOTE 2- According to a report released by Group IB, Conti gang accounted for over 15% of total cyber attacks last year. In April 2021, the group reportedly demanded $40 million from Florida School District to free up a database of malware.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security