Russian Ransomware Group Targets Fortescue Metals, Iron Ore Giant

Russian Ransomware Group Targets Fortescue Metals, Iron Ore Giant

Australian iron ore miner Fortescue Metals has ‍been‌ the target ⁤of ‍a cyber-attack,⁢ with Russian‌ ransomware group ​C10pm ​claiming credit, including for the‍ theft ‍of data.

Fortescue​ confirmed the hack,⁤ describing it ‌as “a⁣ low-impact cyber ⁢incident” ‍that occurred on ⁤28⁣ May.

The information disclosed ‍“was not confidential​ in nature,” Fortescue⁤ said‍ in a⁤ statement, ⁣resulting in ⁣“the ​disclosure ⁣of a ⁣small portion of data from our networks”.

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“We notified the ⁢Australian Cyber ‍Security‍ Centre⁤ of‍ the incident,⁢ and⁣ our internal⁤ investigation and⁤ remediation actions ‌are now complete,” Fortescue said.

Fortescue Metals is the fourth-largest iron ore ⁢exporter in the world, ​with a market capitalisation of ‌nearly $70bn.

The ⁤veracity of C10p’s claim about the nature ‍of the​ hack is not known.

It ​posted: “The company ‍doesn’t care ‌about‌ its customers,⁣ it ignored their security!!!” – a regular boast the gang ‌makes about claimed ⁢attacks.

It has used the ⁤same⁤ precise form of words‌ over previous hacks.

C10p says its cyber-attacks are “only financial motivated⁤ [sic]” and that it “do[es] ⁢not ‍care‌ anything‌ about politics”.

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The group said ​no Fortescue documents or data ​had ​yet been leaked, ⁣giving the⁢ world’s fourth-largest iron⁢ ore exporter ​a⁣ chance to‌ negotiate over a potential⁣ ransom.

C10p is one of the world’s ⁤most ​active‌ and⁤ aggressive‌ ransomware​ groups: its list of reported victims is⁢ more​ than⁣ 100 ‍companies globally.

Earlier this week, Fortescue Metals ‌cleared its executive ⁣chair,⁢ Andrew⁢ Forrest, of any wrongdoing ⁤after ‍it ordered‌ a secret review into an anonymous allegation⁣ that ‌Forrest had had a⁣ relationship​ with ⁣an ‍employee. It found the allegation unsubstantiated.

Last week, ​Forrest and‌ his​ wife, Nicola, announced they were​ separating⁢ after 31⁤ years ⁣of ⁣marriage.

2023-07-18 05:20:13
Post‍ from www.theguardian.com
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