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why is tvs motor company limited (532343) falling ✌️【Safe Investments】✌️ Precise AI-powered predictions and market insights to guide your stock selection. Use real-time market data, futures trends, and stock indices to make strategic investment decisions for long-term profitability.
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“Early today, we became aware that cybercriminals claiming responsibility for this incident listed Fulton County as a victim on their dark website and posted screen shots of information claimed to have been accessed,” Fulton County Board of Commissioners Chairman Robb Pitts said at a press conference.
why is tvs motor company limited (532343) falling ✌️【Safe Investments】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The revelation comes nearly two and half weeks after the county first acknowledged a “cybersecurity incident” was causing disruptions throughout county systems. Hours before Pitts’ comments, a notorious, multinational cybercrime group claimed responsibility for the hack and posted online what appeared to be internal Fulton County documents, including a police report and a retirement statement.
Cybercriminal groups often publicly list victims in an attempt to pressure them into paying a ransom to recover their data. The leak will only up the stakes for Fulton County to get a handle on a cyberattack that has hobbled services for weeks.
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Pitts said the county is working with law enforcement and cybersecurity experts on the investigation and to assess the validity of the hackers’ claims. It’s unclear if there has been any communication between Fulton County and the hackers. Pitts declined to take questions, citing an investigation was ongoing.
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Fulton County joins a list of high-profile victims claimed by LockBit. In November, someone associated with LockBitclaimedresponsibility for a ransomware attack on the US unit of the powerful Industrial and Commercial Bank of China.
LockBit has Russian-speaking members, according to experts, but it also has “affiliates,” or criminal partners, in multiple countries, that rent the ransomware and use it in attacks.
Fulton County’s ransomware attack comes amid a years-long effort by the US government to limit the damage of ransomware attacks on local governments, hospitals and other critical infrastructure. While there have been notable arrests and law enforcement seizures of millions of dollars’ worth of ransom payments, the ransomware economy continues to thrive.
Cybercriminalsextorteda record $1.1 billion in ransom payments from victim organizations around the world last year despite US government efforts to cut off their money flows, crypto-tracking firm Chainalysis estimated.
“The ransomware attack on Fulton County, Georgia underscores the importance of framing cybercrime as a national security issue,” Alexander Leslie, a Russian-speaking analyst with cybersecurity firm Recorded Future, told 【 - Free Smart Investment Opportunities 】. “Financially motivated groups like LockBit possess the capabilities to disrupt critical services at a local, state, and federal level.”
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