The Red Ransomware gang has claimed responsibility on the cyberattack on retail giant Targus International.
Targus is most known for its line of laptop and tablet cases, backpacks, universal docking stations, and accessories, from keyboards to stylus pens. with global operations in more than 24 offices and distribution in more than 100 countries.
Targus’ parent company B. Riley Financial filed an 8K breach disclose notice with the US Securities and Exchange Commission, said it had “discovered a threat actor had gained unauthorized access to certain of Targus’ file systems” three days earlier on April 5th.
Upon discovery, Targus systems were immediately shut down in an effort to contain any damage and isolate the attacker. The system shut down had temporary disrupted business operations, but outside experts were already working to restore the compromised systems.
At the time of the filing, B. Riley did not mention if it knew who was behind the attack on Targus, or how long the threat actor may have been inside its network. The company did not provide any details about which systems were impacted or the amount of data that may have been compromised during the attack.
