Ransomware Attack at South Korean Auto Parts Supplier, Namyang Industrial

South Korean manufacturer Namyang Industrial Co., Ltd., also known as NAMYANG NEXMO, suffered a ransomware attack in August.
Barracuda ransomware group claimed credit for the August 6 attack at the South Korean auto parts supplier, according to a report in Undercode News.
Namyang Industrial is a supplier within the automotive manufacturing environment. NAMYANG NEXMO is an automotive-parts manufacturer producing steering and braking components, with manufacturing operations in Korea and overseas facilities.

Estimated Cost

Unknown at this time

Threat Source

Impacts

IT