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FORSEE POWER, A WELL-KNOWN PLAYER IN ELECTROMOBILITY MARKET, BREACHED BY NETWALKER

FORSEE POWER, A WELL-KNOWN PLAYER IN ELECTROMOBILITY MARKET, BREACHED BY NETWALKER

“Ignorance is bliss” is the favorite quote of Ransomware operators for the past few months. Organizations have been providing continuous training to their staff to be aware of certain types of cyberattacks including ransomware and the way they are introduced in an Organization; the prevention steps are seldom followed.

Recently, France has been in line of fire of these ransomware groups with 4 ransomware attack disclosures in July.

Cyble threat research group came across another disclosure from the Netwalker group where they have claimed to be in possession of sensitive data of Forsee Power –  a well-known industrial group, HQ in France and USA, specializing in smart battery systems for sustainable electric transport. Considered as one of the major players in Europe, Asia, and North America with annual revenue of around $65 million and over 200 employees.

Netwalker operators have claimed the attack through the message posted on their online blog-:

Screen Shot 2020 08 03 at 1.37.59 pm

Operators have also shared a few screenshots to support their claim in which you can spot folders such as Accounts Receivable, Finance, collection letters, Expenses, Employees, and much more. Below are the snapshots of the sample of the data leak of Forsee Power. 

Screen Shot 2020 08 03 at 1.38.32 pm
Screen Shot 2020 08 03 at 3.03.06 pm
Screen Shot 2020 08 03 at 3.03.10 pm
Screen Shot 2020 08 03 at 3.03.15 pm
Screen Shot 2020 08 03 at 3.03.19 pm

An Organization is as safe as its weakest link in Cyber Security. Organizations need to identify these links and work upon them.

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Tips on how to prevent ransomware attacks –

  • Never click on unverified/unidentified links
  • Do not open untrusted email attachments
  • Only download from sites you trust
  • Never use unfamiliar USBs
  • Use security software and keep it updated
  • Backup your data periodically
  • Isolate the infected system from the network
  • Use mail server content scanning and filtering

It is recommended to follow above mentioned prevention methods and never pay the ransom.

About Cyble

Cyble is an Atlanta, US-based, global premium cyber-security firm with tools and capabilities to provide near real-time cyber threat intelligence

Cyble Inc.’s mission is to provide organizations with a real-time view of their supply chain cyber threats and risks. Their SaaS-based solution powered by machine learning and human analysis provides organizations’ insights to cyber threats introduced by suppliers and enables them to respond to them faster and more efficiently.

This monitoring and notification platform gives the average consumer insights into their personal cybersecurity issues, allowing them to take action then as needed. It has recently earned accolades from Forbes as being the top 20 cyber-security companies to watch in 2020. 

Disclaimer: This blog is based on our research and the information available at the time of writing. It is for informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. If any sensitive information has been inadvertently included, please contact us for correction. Cyble is not responsible for any errors, omissions, or decisions made based on this content. Readers should verify findings and seek expert advice where necessary. All trademarks, logos, and third-party content belong to their respective owners and do not imply endorsement or affiliation. All content is presented “as is” without any guarantee that it is free of confidential, proprietary, or otherwise sensitive information. If you believe any portion of this content contains inadvertently shared or sensitive data, please contact us immediately so that we may address and rectify the issue. No Liability for Errors or Omissions Due to the dynamic nature of cyber threat activity, this [blog/report/article] may include partial, outdated, or otherwise incorrect information due to unverified sources, evolving security threats, or human error. We expressly disclaim any liability for errors or omissions or any potential consequences arising from the use, misuse, or reliance on this information.

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