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Home Incidents

ALDO Shoes Hit by LockBit Ransomware

December 8, 2023
Reading Time: 2 mins read
in Incidents
ALDO Shoes Hit by LockBit Ransomware

The LockBit ransomware gang has added ALDO Shoes, a Canadian multinational retailer, to its list of victims, threatening to publish stolen data if a ransom isn’t paid by December 25th. The gang, known for previous attacks on major organizations like Boeing, posted information about the incident on its website. However, ALDO Group quickly responded, stating that the incident involved one of its franchise partners’ systems, and it was promptly contained, with no impact on ALDO Group’s operations or systems.

ALDO Group, after a thorough investigation, confirmed that the compromised data was limited to information related to its franchise partner’s operations in a specific overseas territory.

Importantly, the affected data did not include any ALDO customer financial or payment card information, as the company doesn’t store such data. The incident underscores the ongoing threat of ransomware attacks to businesses worldwide and the need for robust cybersecurity measures to mitigate the risk of data breaches.

LockBit has gained notoriety for its attacks on various organizations, with Boeing being a recent high-profile target. The gang leaked 50GB of data from Boeing after alleging that the company ignored their warnings. LockBit has a history of targeting major organizations and has been involved in over 1,400 attacks globally, impacting victims in the US, Asia, Europe, and Africa.

The gang is known for its LockBit 3.0 variant, considered one of the most evasive versions, and has reportedly received significant ransom payments in Bitcoin.

The incident with ALDO Shoes highlights the importance for businesses to remain vigilant against ransomware threats, implement robust cybersecurity protocols, and regularly update their defenses to protect against evolving cyber threats.

The rising trend of ransomware attacks underscores the need for a proactive approach to cybersecurity, including employee training, threat intelligence, and incident response planning to minimize the potential impact of such incidents.

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  • ALDO Shoes Hit by LockBit Ransomware
  • Canadian Retailer ALDO Shoes Targeted by LockBit Ransomware Gang
Tags: ALDOAttackerscustomer financialCyber AttacksCyber Incidents 2023cyber-incidentCybersecurityDecember 2023LockBitRansomware
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