Security News > 2020 > November > Toymaker Mattel Hit by Ransomware Attack

Top toymaker Mattel revealed it was a victim of a ransomware attack that successfully encrypted some data and temporarily crippled a limited number of business functions.

"Promptly upon detection of the attack, Mattel began enacting its response protocols and taking a series of measures to stop the attack and restore impacted systems. Mattel contained the attack and, although some business functions were temporarily impacted, Mattel restored its operations," according to the company's 10-Q regulatory filing with the SEC. It's unclear how the attack occurred, the malware used, threat actors behind the attack and strain of ransomware used by adversaries.

The Mattel attack revelation represents the latest incident that is part of a string of reported ransomware incidents against large corporations and the healthcare industry.

In July, the same month Mattel was victimized by ransomware, cybersecurity researchers reported a sharp uptick in ransomware attacks.

As for Mattel, it is downplaying the impact of the ransomware attack it fended off, explaining no "Sensitive business data or retail customer, supplier, consumer, or employee data" was exposed or extorted as a result of the attack.

News URL

https://threatpost.com/mattel-hit-by-ransomware/160947/