Security News > 2021 > October > Pacific City Bank discloses ransomware attack claimed by AvosLocker
Pacific City Bank, one of the largest Korean-American community banking service providers in America, has disclosed a ransomware incident that took place last month.
The bank is circulating notices to inform its clients of a security breach it identified on August 30, 2021, which they claim to have addressed promptly.
The bank is offering one year of free credit monitoring and identity theft protection services through Equifax, with instructions on how to enroll enclosed in the letters.
While Pacific City Bank did not reveal the name of the ransomware group behind the September incident, AvosLocker is claiming the attack and has published an entry on their data leak site.
AvosLocker is one of the newer ransomware operators, appearing in the wild this summer, calling for affiliates on various underground forums to join the RaaS. The group uses a multi-threaded ransomware strain that enables them to encrypt files fast, while the payload is deployed manually by the attacker.
For more details on the AvosLocker and what you can do if you're hit by this ransomware family, check out our support topic.
News URL
Related news
- French govt contractor Atos denies Space Bears ransomware attack claims (source)
- Casio says data of 8,500 people exposed in October ransomware attack (source)
- Preventing the next ransomware attack with help from AI (source)
- Ransomware on ESXi: The mechanization of virtualized attacks (source)
- OneBlood confirms personal data stolen in July ransomware attack (source)
- Enzo Biochem settles lawsuit over 2023 ransomware attack for $7.5M (source)
- Medusa ransomware group claims attack on UK's Gateshead Council (source)
- Ransomware attack forces Brit high school to shut doors (source)
- Ransomware gangs pose as IT support in Microsoft Teams phishing attacks (source)
- Security pros more confident about fending off ransomware, despite being battered by attacks (source)