AG&P hit by LockBit 3.0 ransomware

Summary:

In 2023, AG&P, a key player in energy infrastructure based in the Philippines, faced a ransomware attack launched by the notorious LockBit 3.0 group. This Russia-linked organization is known for its relentless targeting of critical industries. The incident disrupted AG&P's operations, illustrating the group's strategy of focusing on infrastructure companies whose activities have far-reaching economic consequences. The attack highlighted the pressing need for bolstering cybersecurity defenses in the energy sector, especially in regions where digital infrastructure is expanding rapidly.

Reference URL

https://static1.squarespace.com/static/5fae4682cc2b52123f436f99/t/6614e6a60fbde93c9dfdc4e3/1712645824622/Norma+Cyber+Annual+Threat+Assessment+-+Spreads.pdf