GAC Egypt hit by LockBit 3.0 ransomware

Year

2023

Month

Reference number

20230002

Impact area

Shore

Incident location

Egypt

Incident country

Egypt

Victim country

Egypt

Victim identity

GAC Egypt

Victim Type

Logistics Provider

Method

Ransomware

Attacker country

Russia

Summary:

GAC Egypt, a logistics provider that facilitates trade and transportation in Egypt, became a victim of the LockBit 3.0 ransomware group. The attack underscored LockBit's ongoing focus on the logistics and supply chain sector, where any disruption can create significant downstream effects. As the group originates from Russia, its tactics often involve double extortion, threatening to leak stolen data unless ransoms are paid.

Reference URL

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