Security Market Segment LS
Thursday, 10 September 2020 10:16

Distribution management firm DXP hit by Windows REvil ransomware

Distribution management firm DXP hit by Windows REvil ransomware Pixabay

Publicly traded professional distribution management firm DXP Enterprises appears to have taken a hit from cyber criminals who used the Windows REvil ransomware to gain entry to the company's website.

iTWire contacted the company on Wednesday and received an acknowledgement that the inquiry, submitted through an online form on its website, had been received. There has been no reply.

DXP had annual revenue of US$1.27 billion (A$1.75 billion) in 2019, according to the MarketWatch website, with gross profit coming in at US$347.22 million. Its corporate office is in Houston, Texas.

The company has been in business since 1908. It was founded as Southern Engine and Pump Company, then rechartered as Sepco Industries and assumed its current name in 1996.

DXP provides products and services to a number of industries through its Innovative Pumping Solutions (IPS), Supply Chain Services and MROP Products and Services.

The people behind REvil, which is also known as Sodinokibi, make a ransom demand and then wait to hear from the victim. If the ransom is not paid, then some of the data that has been pilfered during the attack is published.

If a REvil victim is not persuaded by this, then more data is made public. REvil also posts data on underground forums for other miscreants to pick up and use for their own nefarious purposes.

The ransomware is able to exploit a 2018 Windows vulnerability to elevate privileges, a flaw that Microsoft rates as important.

REvil is about the most widely used ransomware and is used by a variety of actors in different countries as can be seen from these links: 1, 2, 3, 4, 5, 6, 7, and 8.

Contacted for comment, iTWire's regular commentator on ransomware, Brett Callow, said: "Ransomware groups frequently exfiltrate .pst files. This puts any organisation which has had dealings with the target company at significant risk, as the actors have everything they need to go on a spearphishing spree.

"And those phishing emails can be very convincing, perhaps even appearing to be replies to existing message threads."

Callow, who works as a ransomware threat analyst with New Zealand-headquartered security shop Emsisoft, added: "In these circumstances, it's critically important that that potentially at-risk parties be notified of the breach so that they can be on high alert."

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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