November 1, 2023 at 11:41PM
Boeing has confirmed a cyber incident in its parts and distribution business, following reports of a ransomware attack by LockBit. The company stated that flight safety was not affected, and it is working with authorities to investigate the incident. Boeing’s parts and distribution website is currently down. LockBit claimed responsibility for the attack and previously demanded negotiations with the aerospace company. The US Cybersecurity and Infrastructure Security Agency has labeled LockBit as the most prolific ransomware operator in 2022.
Key takeaways from the meeting notes:
1. Boeing has acknowledged a cyber incident that has impacted its parts and distribution business.
2. The cyber incident does not affect flight safety, and Boeing is investigating the matter and coordinating with authorities.
3. Boeing is notifying its customers and suppliers about the incident.
4. The company’s parts and distribution website is currently down due to technical issues.
5. Aftermarket sales of spare parts are an important revenue source for Boeing.
6. The source of the cyber incident is unclear, but the ransomware gang LockBit has claimed responsibility and allegedly accessed Boeing systems through a 0-day exploit.
7. Boeing has not released a press release or an SEC statement regarding the incident.
8. The US Cybersecurity and Infrastructure Security Agency (CISA) has rated LockBit as the most prolific ransomware operator in 2022.
9. LockBit is known for its formal management structure and public relations efforts, including paying influencers to get tattoos of their logo.
10. LockBit has previously targeted other major companies, including TSMC and SpaceX, and has earned over $90 million from its ransomware activities.