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Submitted URL: https://techcrunch.com/2021/09/12/technology-giant-olympus-hit-by-blackmatter-ransomware/
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Effective URL: https://techcrunch.com/2021/09/12/technology-giant-olympus-hit-by-blackmatter-ransomware/?_guc_consent_skip=1634123373
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TechCrunch Login Join TechCrunch+ Searchsearch * Disrupt * Startups * Videos * Audio * Newsletters * TechCrunch+ * EC-1s * Advertise * Events * More Close Screen TECHNOLOGY GIANT OLYMPUS HIT BY BLACKMATTER RANSOMWARE Zack Whittaker@zackwhittaker / Invalid DateTime• comment Comment cameraImage Credits: Jerome Favre / Bloomberg (opens in a new window) / Getty Images Olympus said in a brief statement that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized response team including forensics experts, and we are currently working with the highest priority to resolve this issue. As part of the investigation, we have suspended data transfers in the affected systems and have informed the relevant external partners,” the statement said. But according to a person with knowledge of the incident, Olympus is recovering from a ransomware attack that began in the early morning of September 8. The person shared details of the incident prior to Olympus acknowledging the incident on Saturday. Sponsored Content MINING – WHERE ELECTRIFICATION MEETS INNOVATION Sponsored by Sandvik From environmental impact to greater infrastructure efficiency, the electric revolution is set to transform how we collect raw materials. Once again, electrification is set to revolutionize society and industry. While most of the focus has been on sleek, new battery-powered cars or finding ways to move family homes off the grid – what about the […] A ransom note left behind on infected computers claimed to be from the BlackMatter ransomware group. “Your network is encrypted, and not currently operational,” it reads. “If you pay, we will provide you the programs for decryption.” The ransom note also included a web address to a site accessible only through the Tor Browser that’s known to be used by BlackMatter to communicate with its victims. READ MORE ON TECHCRUNCH * Ransomware recovery can be costly, and not just because of the ransom * Howard University cancels classes after ransomware attack * This crowdsourced payments tracker wants to solve the ransomware visibility problem * Kaseya hack floods hundreds of companies with ransomware Brett Callow, a ransomware expert and threat analyst at Emsisoft, told TechCrunch that the site in the ransom note is associated with the BlackMatter group. BlackMatter is a ransomware-as-a-service group that was founded as a successor to several ransomware groups, including DarkSide, which recently bounced from the criminal world after the high-profile ransomware attack on Colonial Pipeline, and REvil, which went silent for months after the Kaseya attack flooded hundreds of companies with ransomware. Both attacks caught the attention of the U.S. government, which promised to take action if critical infrastructure was hit again. Only REvil reemerged but has not yet claimed any further victims. Groups like BlackMatter rent access to their infrastructure, which affiliates use to launch attacks, while BlackMatter takes a cut of whatever ransoms are paid. Emsisoft has also found technical links and code overlaps between Darkside and BlackMatter. Since the group emerged in June, Emsisoft has recorded more than 40 ransomware attacks attributed to BlackMatter but the total number of victims is likely to be significantly higher. Ransomware groups like BlackMatter typically steal data from a company’s network before encrypting it and later threaten to publish the files online if the ransom to decrypt the files is not paid. Another site associated with BlackMatter, which the group uses to publicize its victims and touts stolen data, did not have an entry for Olympus at the time of publication. Japan-headquartered Olympus manufactures optical and digital reprography technology for the medical and life sciences industries. Until recently, the company built digital cameras and other electronics until it sold its struggling camera division in January. Olympus said it was “currently working to determine the extent of the issue and will continue to provide updates as new information becomes available.” Christian Pott, a spokesperson for Olympus, said that customer service was not affected, but declined to comment further. > Ransomware recovery can be costly, and not just because of the ransom More TechCrunch OLYMPUS CONFIRMS US CYBERATTACK, WEEKS AFTER BLACKMATTER RANSOMWARE HIT EMEA SYSTEMS WILLIAM SHATNER TO FLY ON BLUE ORIGIN'S NEXT HUMAN SPACEFLIGHT ON OCTOBER 12 EDEN LIFE RAISES $1.4M SEED TO PROVIDE HOME SERVICES TO BUSY AFRICANS APPLE FITNESS+ UX TEARDOWN: 3 KEY TAKEAWAYS ON HOW NOT TO INTERRUPT THE USER JOURNEY close PLEASE LOGIN TO COMMENT Login / Create Account Sponsored Content Has there been a paradigm shift in tech leadership hiring? Sponsored by Purple Quarter Sponsored Content Has there been a paradigm shift in tech leadership hiring? Sponsored by Purple Quarter SIGN UP FOR NEWSLETTERS See all newsletters(opens in a new window) Daily Week in Review Startups Weekly Event Updates Advertising Updates TechCrunch+ Announcements TechCrunch+ Events TechCrunch+ Roundup EmailSubscribe facebook(opens in a new window)twitter(opens in a new window)linkedin(opens in a new window)mail(opens in a new window)Copy Share LinkCopy Share Link checkmarkCopy TAGS * Security * africa * colonial pipeline * crime * crimes * cyberattacks * cybercrime * Digital Cameras * electronics * Kaseya * Middle East TECHNOLOGY GIANT OLYMPUS HIT BY BLACKMATTER RANSOMWARE Zack Whittaker Invalid DateTime• Olympus said in a brief statement that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon de... COMPANY-BUILDER VC ANTLER SAYS IT CAN BACK STARTUPS TO SERIES C, BUT WHAT ARE ITS TERMS? Mike Butcher Invalid DateTime• Emerging out of Singapore as primarily a “company builder” in 2017, Antler made its name as a runner of a global startup generator program and investing from a very early, pre-seed stage. It tended... GLOBAL PROCESSING SERVICES RAISES $300M ITS API-BASED PAYMENTS AND EMBEDDED FINANCE PLATFORM Ingrid Lunden Invalid DateTime• Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built by others to power payments and other financial tra... BIRD VEHICLES CAN NOW ACCURATELY DETECT SIDEWALK RIDING AND SLOW RIDERS TO A STOP Rebecca Bellan Invalid DateTime• Shared micromobility operator Bird is getting on the scooter ADAS bandwagon. After three years of research, the company has finally launched new technology that can detect when a rider is scooting ... 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This safety feature can be helpful if you want to avoid the re... WAZE IS ROLLING OUT A NEW ‘DRIVE WITH HEADSPACE’ EXPERIENCE TO MAKE COMMUTES LESS STRESSFUL Aisha Malik Invalid DateTime• Waze announced today it’s partnering with meditation app Headspace to roll out a new “Drive with Headspace” experience aimed at making commutes less stressful. The navigation app ... DOIST REDESIGNS TWIST, THE SLACK ALTERNATIVE FOCUSED ON ASYNC WORK Romain Dillet Invalid DateTime• Doist, the company behind Todoist and Twist, has revamped its internal communication product Twist. When I first covered Twist, I said it was like Slack without the annoying distractions. With toda... TechCrunch plus-bold APPLE FITNESS+ UX TEARDOWN: 3 KEY TAKEAWAYS ON HOW NOT TO INTERRUPT THE USER JOURNEY Peter Ramsey Invalid DateTime• On paper, there’s never been a better time to work out at home. But are these subscriptions actually any good? 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