Gokongwei family’s JG Summit Holdings reportedly hit by ransomware; 40,000 computers affected

Conglomerate JG Summit Holdings has turn into the most recent high-profile sufferer of a ransomware assault by the group RansomHub.

Based on cybersecurity agency Deep Internet Konek, RansomHub has encrypted information on greater than 40,000 computer systems throughout the conglomerate’s community, compromising round 300 GB of data.

The attackers have issued a ransom demand accompanied by a countdown timer, giving JG Summit Holdings simply seven days to fulfill their calls for.

RansomHub’s communiqué expressed frustration over JG Summit’s lack of response, warning of potential information destruction if their calls for will not be met throughout the timeline.

The attackers have additionally warned that they’re ready to completely delete compromised data, making any restoration makes an attempt futile.

As of this writing, JG Summit has but to publicly handle the incident or define its response technique.

The incident highlights the vulnerabilities of even probably the most formidable firms to cyberattacks and underscores the significance of sturdy cybersecurity measures.

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