Continental- Lockbit latest Victim

Continental, a german multinational  automotive parts manufacturer is the new victim of Lockbit ransomware group.

The group added the name of the company to its Tor leak site and is threatening to publish alleged stolen data if the victim will not pay the ransom.

The cybercriminals have fixed the deadline on November 4, 2022. The group announced that it will publish all available data, a circumstance that suggests the victim has yet to negotiate with the criminals or it has refused to pay the ransom.

The attackers infiltrated parts of Continental’s IT systems. The company detected the attack in early August and then averted it. Continental’s business activities have not been affected at any point. The technology company maintains full control over its IT systems. The IT systems of third parties have not been affected. Immediately after the attack was discovered, Continental took all necessary defensive measures to restore the full integrity of its IT systems.

Continental statement