Ransomware

Furniture giant Steelcase hit by Ransomware attack

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The furniture giant Steelcase was affected by a ransomware attack which forced it to shut down its network to prevent the spread of malware.

Steelcase, a US-based furniture company is the largest office furniture manufacturer in the world. It produces office furniture, architectural and technology products for office environments and the education, health care and retail industries. The company employees 13,000 staff and has a revenue of $3.7 billion as of 2020. It has facilities, offices, and factories in the Americas, Europe, Asia, the Middle East, Australia and Africa.

Steelcase was infected with the Ryuk ransomware which the company has revealed to have occurred on 22nd October.

On being aware of the attack, the company immediately implemented a series of containment measures to address the situation including temporarily shutting down the affected systems and related operations.

The incident response procedure was then started in order to restore the affected systems and return to normal operations as soon as possible. However, the company is not aware of any data loss caused by the ransomware attack.

Ryuk ransomware operators were very active during the recent weeks and the list of the victims of the Ryuk ransomware is very long.

The operators of Ryuk attacks often used the BazarLoader or TrickBot infections to get a foothold in the target networks and then deploy Ryuk.

Currently it is not known as how many devices were encrypted or if business operations were impacted other than the shutting down of the network.

Image Credits : MMoser

Priyanka R
Cyber Security Enthusiast, Security Blogger, Technical Editor, Author at Cyber Safe News

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