ABB Ltd.

ABB Ltd.

On May 7, 2023, ABB, a Swiss multinational specializing in electrification and automation, fell victim to a **ransomware attack** by the **Black Basta gang**, a group known for double-extortion tactics and ties to the FIN7 hacking syndicate. The attack crippled ABB’s **Windows Active Directory** and compromised **hundreds of devices**, causing **operational disruptions**, **project delays**, and **manufacturing halts**. To mitigate spread, ABB severed **VPN connections** with clients, further straining business continuity. While the company—headquartered in Zurich with **105,000 employees**—serves critical sectors, including **US federal agencies**, no stolen data has surfaced on the dark web, and ransom demands (if issued) remain undisclosed. The incident underscores the **severe operational and financial strain** imposed by ransomware, though the full scope of data exposure or long-term repercussions is still unclear. Recovery efforts are ongoing as ABB works to restore systems and secure its infrastructure.

Source: https://techmonitor.ai/technology/cybersecurity/abb-cyberattack-black-basta

TPRM report: https://www.rankiteo.com/company/abb

"id": "abb519092125",
"linkid": "abb",
"type": "Ransomware",
"date": "5/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': ['Public sector clients',
                                               'Private sector clients',
                                               'US federal agencies'],
                        'industry': ['Electrification',
                                     'Automation Technology'],
                        'location': 'Zurich, Switzerland (HQ)',
                        'name': 'ABB',
                        'size': '~105,000 employees',
                        'type': 'Multinational Corporation'}],
 'data_breach': {'data_encryption': True},
 'date_detected': '2023-05-07',
 'description': 'On May 7, 2023, Swiss multinational company ABB, a leading '
                'provider of electrification and automation technology, '
                'suffered a ransomware attack by the Black Basta gang. The '
                "attack disrupted ABB's operations, affecting its Windows "
                'Active Directory and hundreds of devices, leading to delays '
                'in projects and impacting manufacturing. In response, ABB '
                'terminated VPN connections with clients to prevent further '
                'spread. The company, headquartered in Zurich and employing '
                'around 105,000 people, serves various public and private '
                'sector clients, including US federal agencies. Black Basta, '
                'known for double-extortion tactics and linked to the FIN7 '
                'hacking group, has been active since April 2022. ABB is '
                'working to contain the incident and restore normal '
                'operations. It remains unclear if a ransom demand has been '
                'issued or paid, and no data has been found on the dark web.',
 'impact': {'operational_impact': ['Delays in projects',
                                   'Manufacturing disruptions'],
            'systems_affected': ['Windows Active Directory',
                                 'Hundreds of devices']},
 'investigation_status': 'Ongoing (as of report)',
 'motivation': 'Financial (presumed, due to ransomware tactics)',
 'ransomware': {'data_encryption': True, 'ransomware_strain': 'Black Basta'},
 'response': {'containment_measures': ['Terminated VPN connections with '
                                       'clients'],
              'incident_response_plan_activated': True,
              'recovery_measures': ['Restoring normal operations (ongoing)']},
 'threat_actor': 'Black Basta',
 'title': 'Ransomware Attack on ABB by Black Basta Gang',
 'type': 'Ransomware Attack'}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.