Labor Day ransomware attacks: FBI warns of hackers working at close of business

Ransomware attacks during the coming Labor Day could potentially occur, the FBI or the Federal Bureau of Investigation has warned, citing previous cyberattacks that have also occurred during holidays and long weekends.

(Photo: by NICOLAS ASFOURI / AFP via Getty Images)
(FILES) In this file photo taken on August 04, 2020, Prince, a member of the Red Hacker Alliance hacking group who refused to give his real name, is using his computer in their office in Dongguan, China’s Guangdong province, in southern China. – As the number of online devices increases and lightning-fast 5G connections unfold, a record number of companies are offering rewards of up to seven figures to ethical hackers who can successfully attack their cybersecurity systems.

According to ZDNet, the Cybersecurity and Infrastructure Security Agency, or CISA, and the FBI issued a joint statement warning Americans that hackers could seize the opportunity as offices will close over the Labor Day weekend.

Ransomware attacks during the holidays

The joint FBI and CISA warning further cited previous attacks, such as Mother’s Day and Memorial Day, that infiltrated the colonial pipeline and JBS, respectively.

The attack on the Colonial Pipeline occurred on the night of May 8, a day before Mother’s Day. Ransomware hackers have infiltrated America’s largest pipeline system.

The company was then forced to pay the attackers around $ 5 million in cryptocurrency to restore its systems.

On the other hand, on Memorial Day another cybersecurity incident made history.

The holiday cyberattack involved global food company JBS USA, causing its servers to be deemed useless. The computer systems of the United States and Australia encountered a problem on May 31, Remembrance Day.

Meanwhile, on the 245th Independence Day of the United States, another large-scale cyberattack hit the headlines. Approximately 1,500 companies were affected by the ransomware attack on the systems of an IT company, Kaseya.

Due to the number of businesses affected in the Kaseya attack, it has been called the largest ransomware attack to date, beating the incidents of Last Mother’s Day and Memorial Day.

Also Read: FBI Recovers $ 2.3 Million Colonial Pipeline Ransom Cryptocurrency Payment From DarkSide Hacker’s Wallet

FBI and CISA warning: Ransomware attacks on public holidays

That said, the FBI has concluded that there is a pattern followed by successful hackers. Criminal minds attempt their cyberattack during holidays and weekends, when business operations are coincidentally disrupted.

Nonetheless, the FBI and CISA have noted that despite the approaching holiday, there are no specific reports of ransomware threats yet. However, security agencies will remain on their guard in the event of a large-scale attack.

The joint statement further states that they issued the warning “to raise awareness to be particularly diligent in your network defense practices as the holidays and weekends approach.”

Meanwhile, according to Fortune, The FBI’s Internet Crime Complaint Center has already recorded a total of 2,084 ransomware reports in 2021, as well as $ 16.8 million in losses from cyber attacks.

It is worth noting that these figures show that there has been a sharp 62% increase in ransomware complaints compared to the situation in 2020. In addition, losses due to attacks have also registered a 20% increase compared to the situation in 2020. to last year’s data.

Related article: Conti Ransomware Attack: FBI Warns of Gang Attacking Irish System; Here is how to remove this ransomware

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Written by Teejay Boris

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