Tuesday, July 16, 2024

Extensive Ransomware Attack Hits Worldwide Operation at Aluminum Manufacturing Gaint Norsk Hydro

Extensive Ransomware Attack forced to shut down operations at, Norsk Hydro, one of the world’s largest aluminum producers. The company suffered production outages across Europe and the U.S.

The cyberattack shut down operations in the number of metal extrusion and rolled products plants, which transform the aluminum into finished products for car makers and for other manufactured goods.

According to the press release, “Hydro isolated the plants and operations and they are now switching to manual operations and procedures as far as possible.”

Chief Financial Officer Eivind Kallevik told this is a classic ransomware attack and the situation is quite severe. He said that the company is doing everything possible to fix the problem.

Extensive Ransomware Attack

The attack hits Hydro late Monday with a new ransomware strain LockerGoga and escalates overnight. The infection hits most of the IT system which forces the staff to provide updates through social media.

LockerGoga encrypts the files stored on the computers and demands ransom payments. It encrypts files with RSA-4096 and AES-256 cryptography algorithms.

Kallevik said that the company is not intended to pay ransom to unlock the systems, instead, they planned to restore the data from backup servers. “We have good back-up systems and we have plans on how to restore it,” he said to Reuters.

Related Read: Ransomware Attack Response and Mitigation Checklist

Hydro is working to contain and neutralize the attack but does not yet know the full extent of the situation. It is too early to indicate the operational and financial impact, as well as timing to resolve the situation.

The company confirms that Primary plants are fully operational, as they shifted to manual process and no other plants are affected outside of Norway.

You can follow us on LinkedinTwitterFacebook for daily Cybersecurity updates also you can take the Best Cybersecurity courses online to keep your self-updated.


Latest articles

HardBit Ransomware Using Passphrase Protection To Evade Detection

In 2022, HardBit Ransomware emerged as version 4.0. Unlike typical ransomware groups, this ransomware...

New Poco RAT Weaponizing 7zip Files Using Google Drive

The hackers weaponize 7zip files to pass through security measures and deliver malware effectively.These...

New ShadowRoot Ransomware Attacking Business Via Weaponized PDF’s

X-Labs identified basic ransomware targeting Turkish businesses, delivered via PDF attachments in suspicious emails...

Hacktivist Groups Preparing for DDoS Attacks Targeting Paris Olympics

Cyble Research & Intelligence Labs (CRIL) researchers have identified a cyber threat targeting the...

Critical Cellopoint Secure Email Gateway Flaw Let Attackers Execute Arbitrary Code

A critical vulnerability has been discovered in the Cellopoint Secure Email Gateway, identified as...

Singapore Banks to Phase out OTPs for Bank Account Logins Within 3 Months

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS)...

GuardZoo Android Malware Attacking military personnel via WhatsApp To Steal Sensitive Data

A Houthi-aligned group has been deploying Android surveillanceware called GuardZoo since October 2019 to...
Guru baran
Guru baranhttps://gbhackers.com
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Free Webinar

Low Rate DDoS Attack

9 of 10 sites on the AppTrana network have faced a DDoS attack in the last 30 days.
Some DDoS attacks could readily be blocked by rate-limiting, IP reputation checks and other basic mitigation methods.
More than 50% of the DDoS attacks are employing botnets to send slow DDoS attacks where millions of IPs are being employed to send one or two requests per minute..
Key takeaways include:

  • The mechanics of a low-DDoS attack
  • Fundamentals of behavioural AI and rate-limiting
  • Surgical mitigation actions to minimize false positives
  • Role of managed services in DDoS monitoring

Related Articles