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Home Incidents

Cyberport Hit by Ransomware Attack

September 7, 2023
Reading Time: 2 mins read
in Incidents

Cyberport, a prominent tech hub in Hong Kong, has reported a significant cybersecurity breach involving a ransomware attack to local authorities and privacy regulators. The attack, allegedly carried out by the Trigona ransomware group, resulted in the theft of more than 400GB of sensitive data from Cyberport’s systems.

This data includes confidential information such as bank account details and digital copies of ID cards. Shockingly, the ransomware group not only demanded a $300,000 ransom but also put the stolen data up for sale on the dark web, with a reserve price of $300,000.Cybersecurity experts who examined the situation estimate that there could be around 400 victims impacted by this breach.

Cyberport, which houses 1,900 start-ups and tech companies and employs 140 people, swiftly responded to the intrusion after discovering it on the same day. Hong Kong police have now handed the case over to their cybersecurity and technology crime bureau for further investigation.

Trigona ransomware is a relatively new threat, first discovered by security researchers in late 2022, and it has targeted organizations across multiple industries, including manufacturing, finance, construction, agriculture, marketing, and hi-tech sectors.This breach highlights the growing threat of ransomware attacks targeting organizations of all sizes and industries, emphasizing the importance of robust cybersecurity measures and incident response plans.

The cyberattack not only disrupted Cyberport’s operations but also put the personal and financial information of numerous individuals at risk. Law enforcement agencies and cybersecurity experts are working diligently to apprehend the culprits and prevent further damage.

References:
  • Hong Kong tech hub Cyberport alerts police, privacy watchdog after reports of ransomware attack exposing 400GB of data
Tags: Cyber incidentCyber Incidents 2023CyberattackCybersecurityHong KongRansomwareSensitive dataSeptember 2023Trigona
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