BlackMatter Ransomware Hits Japanese Tech Giant Olympus

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Japanese technology giant Olympus is currently investigating a cyber incident on its EMEA IT systems that happened earlier this month that sources said is the result of a BlackMatter ransomware attack.
 
The company detected “suspicious activity” on Sept. 8 and “immediately mobilized a specialized response team including forensics experts,” according to a press statement released over the weekend.
 
“As part of the investigation, we have suspended data transfers in the affected systems and have informed the relevant external partners,” according to the statement. “We are currently working to determine the extent of the issue and will continue to provide updates as new information becomes available.”
 
Olympus, a multinational company with more than 31,600 employees worldwide, manufactures optical and digital reprography technology for the medical and life sciences industries. It was well known in the past as a pioneer in both analog and digital cameras, but sold off its struggling camera division in January.
 
It appears Olympus was the victim of the BlackMatter ransomware group, one of the cybercriminal organizations that’s risen to prominence after other purveyors of ransomware like DarkSide,  REvil and Ragnarok shut down operations, according to a report in TechCrunch.

Read more: BlackMatter Ransomware Hits Japanese Tech Giant Olympus | Threatpost