• Thu. Oct 12th, 2023

ABB, a Swiss Power and Automation Company, Falls Victim to Cyber Attack by Black Basta Ransomware Group

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ByEsme Greene

Jul 21, 2023
ABB Falls Victim to Black Basta Ransomware
Esme Greene
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One of the top robotics companies in the world, ABB, was attacked by the Black Basta ransomware gang online. Sources claim that hundreds of the company’s devices were impacted by the hack.

To stop the virus from infecting other networks, ABB shut down VPN connections with its clients. The business made $29.4 billion in revenue last year and employs more than 100,000 people.

Who are the Black Basta?

Black Basta is an illegal group that operates ransomware and provides ransomware-as-a-service (RaaS). It initially surfaced in early 2022 and quickly rose to the top of the global threat landscape, with over 100 verified victims in its first few months of existence.

The ABB situation

Customers of ABB originate from a range of industries, both public and private.

Here’s what the company claimed on its website:

“ABB operates more than 40 engineering, manufacturing, research and development, and service facilities in the United States with a proven track record of serving various federal agencies.”

On May 7th, the first ransomware assault took place. Sources claim that Black Basta infected hundreds of machines while attacking the firm via Windows Active Directory.

When asked about the hack after first declining, ABB responded with the following statement:

“ABB recently learned of an IT security breach that had a direct impact on the organization’s IT infrastructure. ABB has taken and is still taking action to control the event as a solution. The corporation is resolving certain business problems caused by these containment efforts. The great majority of systems and facilities are now operational, and ABB is still able to securely service its clients. ABB is still making an effort to address the incident’s effects with its clients and partners.”

According to reports, the attack damaged factory operations, delayed projects, and interrupted business operations.

 
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Esme Greene

Esme brings a wealth of knowledge and experience to our website, specializing in all aspects of DarkWeb security. With a deep understanding of the intricate workings of the DarkWeb and its associated cybersecurity risks, Esme curates insightful and informative content for our readers.