Data Breach News

Akira Ransomware Targets E-T-A, German Electrical Giant

Despite the ransomware group's claims, the company's official website appeared to be fully functional, and there were no signs of foul play.

by Samiksha Jain June 6th, 2024

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The Akira ransomware group allegedly targeted E-T-A Elektrotechnische Apparate GmbH, an organization located in Germany. The ransomware group claims to have stolen 24 gigabytes of sensitive material, including customer information, non-disclosure agreements (NDAs), financial records, and employee personal information.

To substantiate these claims, the threat actor has attached a screenshot with all this information.

E-T-A Elektrotechnische Apparate GmbH operates six production facilities and has a presence in 60 countries worldwide. The company’s product range includes a variety of electrical protection solutions essential to numerous industries. The company is renowned for manufacturing circuit breakers, electronic circuit protectors, and various other electronic components.

Despite the ransomware group’s claims, the company’s official website appeared to be fully functional, and there were no signs of foul play. Further to verify Akira’s cyberattack on E-T-A claims, The Cyber Express Team reached out to E-T-A Elektrotechnische Apparate GmbH for an official statement.

As of the time of writing, no response has been received from the company. This leaves the ransomware claims unverified, with no confirmation or denial from E-T-A’s officials.

Akira Ransomware: Previous Track Record

The Akira ransomware gang has arisen as a danger to small and medium-sized organizations (SMBs), mostly in Europe, North America, and Australia. The group uses advanced tactics to infiltrate systems, frequently acquiring illegal access to a company’s virtual private networks (VPNs).

Sophos X-Ops research shows that Akira often uses compromised login credentials or exploits weaknesses in VPN technologies such as Cisco ASA SSL VPN or Cisco AnyConnect.

Recently, in May 2024, Akira targeted Western Dovetail, a well-known woodworking shop. In April 2024, Akira was identified as the gang responsible for a series of cyberattacks against businesses and key infrastructure in North America, Europe, and Australia.

According to the US Federal Bureau of Investigation (FBI), Akira has hacked over 250 firms since March 2023, collecting roughly $42 million in ransom payments. Initially, Akira’s attacks targeted Windows systems. However, the gang has since broadened its tactics to include Linux computers, causing anxiety among international cybersecurity agencies.

These cyberattacks show Akira’s strategy of targeting a wide range of industries and businesses of all sizes, frequently resulting in major operational interruptions and financial losses.

As it stands, the Akira ransomware group’s claims against E-T-A Cyberattack are unsubstantiated. The lack of an official response from the company creates a vacuum in the confirmation of these claims. While the company’s website is still operational, signaling no immediate disruption, a data breach might have serious consequences, compromising client confidentiality, financial integrity, and employee privacy.

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