Ransomware Attack Encrypts Systems at German Medical Device Manufacturer Richard Wolf

The medtech company Richard Wolf was the victim of a cyberattack in early November. After almost 3 weeks, almost all restrictions on phones and email accounts have been resolved. By the end of November, all restrictions in the IT of logistics should also be removed. The company is receiving support from an external IT forensic expert to accompany the security process. The cybercriminals were able to infiltrate using sophisticated malware.

Richard Wolf had prepared for precisely this scenario in recent years by taking technical and organizational precautions, employing specialist personnel, conducting internal training and consulting externally. Thanks to the safeguards, systems with data were largely protected, but they were encrypted in order to use them to extort money from the company. The company did not respond to the ransom demand.

Estimated Cost

Access to systems disrupted for 3 weeks

Threat Source

Impacts

IT