Tang Capital Suffers Ragnarlocker Ransomware Attack

Company Overview

Tang Capital, a hospitality sector company operating in Lappeenranta, Finland, has been targeted by the ransomware group Ragnarlocker. The attack was announced on the group's dark web leak site, with no further details provided about the nature or extent of the breach.

Tang Capital is a modern Asian restaurant located in the IsoKristiina shopping center. The restaurant offers a variety of dining experiences, including an Arkibuffet priced at 15.60€ and a Grand Buffet priced at 19.60€ for adults. The company is part of a group of restaurants in Lappeenranta, including Ravintola The Kitchen, Willhelmiina, Como, and Tang Capital.

Company Size and Industry

Tang Capital Management, LLC, the company behind Tang Capital, is a life sciences-focused investment firm based in San Diego, California. The company has a workforce of 11-50 employees and operates as a privately held venture capital and private equity principal.

Vulnerabilities and Targeting

The specific vulnerabilities that led to Tang Capital's targeting by Ragnarlocker are not mentioned in the search results. However, it is known that ransomware attacks often exploit weaknesses in outdated software, unpatched systems, or weak passwords. In the case of Ragnarlocker, the group has been known to use a variety of tactics, including exploiting zero-day vulnerabilities and using phishing emails to gain access to systems.

Ragnarlocker's Targeting

Ragnarlocker is a notorious ransomware group that has been active since at least 2022. The group has targeted a range of organizations, including Avalon luxury transport company, AudioQuest, Malayan Flour Mills Bhd, and Capcom. The group is known for stealing data and threatening to release it unless a ransom is paid.

The ransomware attack on Tang Capital is a reminder of the ongoing threat posed by cybercriminals to businesses of all sizes and industries. While the specifics of the attack are not detailed in the search results, it is clear that Tang Capital, like many other organizations, must be vigilant in protecting its systems and data from such threats.

Sources

• Tang Capital - Yhteystiedot ja aukioloajat | Ravintola Tang Capital Lappeenranta
• Vietnam.vn - Cyber ​​attacks using ransomware will continue to increase
• Tang Capital Management, LLC - LinkedIn
• Cybersecurityventures.com - CYBERCRIME WIRE: Latest Security And Privacy News
• RansomLook - ragnarlocker details - RansomLook
• Rick Holland on LinkedIn: FBI seizes website used by notorious ransomware gang