Auto Dealership Becomes Latest Victim of Ransomware Attack Costing Up to $500,000



Close up of a man shaking hand to a woman in a dealershipThe opening of a seemingly benign email from a coworker by an unsuspecting employee set in motion an attack that brought operations to a halt and resulted in some costly remediation. The Arrigo Automotive Group in West Palm Beach, FL became the latest victim of a ransomware attack that crippled most of the computers across Arrigo’s five dealerships.

Rather than pay the ransom, Arrigo’s IT team chose to involve the FBI, purchase 250 new computers, and leverage external security response experts to help identify what happened and properly remediate the attack. Estimates put the remediation at close to half a million dollars.

According to Brad Holton, CEO of Proton Technologies – the group working with Arrigo to respond to and remediate the attack, organizations need to leverage Security Awareness Training to educate employees on what to look for when malicious emails make it past security solutions to the user’s Inbox. Holton also recommends regular phishing tests to gain valuable feedback on which employees still present a risk to the organization by clicking on mock-malicious links and attachments.

This cautionary tale of a simple ransomware attack is just one of countless thousands. The methods used and outcomes achieved are nothing special. So, it stands to reason that if organizations today follow the simple steps outlined, the likelihood of this happening in your company diminishes significantly.

Automotive News has the full story: https://www.autonews.com/dealers/dealerships-targeted-ransomware


Free Ransomware Simulator Tool

Bad guys are constantly coming out with new strains to evade detection. Is your network effective in blocking all of them when employees fall for social engineering attacks?

KnowBe4’s "RanSim" gives you a quick look at the effectiveness of your existing network protection. RanSim will simulate 18 ransomware infection scenarios and 1 cryptomining infection scenario and show you if a workstation is vulnerable.

RanSimScreen-1Here's how it works:

  • 100% harmless simulation of real ransomware and cryptomining infections
  • Does not use any of your own files
  • Tests 19 types of infection scenarios
  • Just download the install and run it 
  • Results in a few minutes!

Get RanSim!

PS: Don't like to click on redirected buttons? Cut & Paste this link in your browser:

https://www.knowbe4.com/ransomware-simulator

Subscribe To Our Blog


New call-to-action




Get the latest about social engineering

Subscribe to CyberheistNews