Medius Corporation Suffers Ransomware Attack

Company Overview

Medius Corporation, a family-owned and operated commercial printing services provider, has been targeted by the ransomware group Mindware. The attack was announced on the group's dark web leak site. Medius operates in the Software sector and has been in business since 1984. The company is a trusted supplier of high-quality commercial printing services, offering expertise and guidance across various business verticals. Operating from a 50,000 sq. ft. facility equipped with state-of-the-art equipment, Medius provides services ranging from printing and finishing to packaging, assembly, and fulfillment.

Industry Standout

Medius is renowned for its exceptional customer service and consistent attention to detail, delivering high-quality products in a timely manner. The company has established long-standing partnerships with various clients, including Boston Scientific, Stryker Endoscopy, and Avinger Medical, among others.

Vulnerabilities

The ransomware attack on Medius Corporation underscores the vulnerabilities inherent to companies in the Software sector. Although specific details about the attack are scarce, it is understood that ransomware groups frequently exploit weaknesses in a company's cybersecurity defenses to gain access and deploy their malware. For Medius, the attackers may have leveraged vulnerabilities in the company's network or software systems to infiltrate and deploy the ransomware.

Response and Mitigation

The specifics of Medius Corporation's response to the ransomware attack are not widely documented. Nonetheless, it is critical for companies to establish a robust incident response plan to minimize the impact of such attacks. This strategy should encompass regular security assessments, employee training, and the adoption of security best practices to prevent and mitigate the effects of ransomware attacks.

The ransomware attack on Medius Corporation serves as a stark reminder of the persistent threat posed by cybercriminals to businesses in the Software sector. It is imperative for companies to remain vigilant and proactive in their cybersecurity efforts to safeguard against such attacks and diminish their potential impact.

Sources

• Medius Corporation Homepage - https://www.mediuscorp.com
• Inside the world of ransomware part 2/3: Different roles within a ransomware attack - https://northwave-cybersecurity.com/threat-intel-research/inside-the-world-of-ransomware-part-2-3-3-different-roles-within-a-ransomware-attack
• Smartwatch Maker Garmin Shuts Down Services After Ransomware Attack - https://thehackernews.com/2020/07/garmin-ransomware-attack.html?m=1