Mab Group hit by Snatch

Summary:

Mab Group, a manufacturing company based in Europe, was targeted by the Snatch ransomware group in 2022. The Snatch group, known to have Russian affiliations, uses a unique approach of rebooting infected machines into Safe Mode before encrypting data. The attack disrupted Mab Group's manufacturing processes, emphasizing the growing trend of ransomware targeting industrial sectors where production downtime can lead to significant financial losses.

Reference URL

https://static1.squarespace.com/static/5fae4682cc2b52123f436f99/t/644a5cefc33989668ea68c92/1682595078532/NORMA+Cyber_Annual+Threat+Assessment_2023_TLPWHITE.pdf
https://ransomwareattacks.halcyon.ai/attacks/snatch-attacks-mab-group