Pechexport hit by Cyclops ransomware

Year

2023

Month

July

Reference number

20230008

Impact area

Shore

Incident location

Madagascar

Incident country

Madagascar

Victim country

Madagascar

Victim identity

Pechexport

Victim Type

Shipping

Method

Ransomware

Attacker country

Uknown

Summary:

In 2023, Pechexport, a Madagascar-based shipping company, was targeted by the Cyclops ransomware group in a cyberattack. The origins of the Cyclops group are unknown, but the attack affected the company's shipping operations, underlining the threat ransomware poses to maritime businesses, which are vital for global trade and the movement of goods.

Reference URL

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


https://socradar.io/cyclops-ransomware-cross-platform-threat-with-raas-and-advanced-features/