Aircraft Leasing Company Acknowledges Cyberattack in SEC Filing

Aircraft Leasing Company Acknowledges Cyberattack in SEC Filing

February 13, 2024 at 03:05PM

Willis Lease Finance Corp. reported a cybersecurity incident on Jan. 31, resulting in offline systems. Unauthorized activity was discovered, prompting an investigation alongside cybersecurity experts. While the group behind the incident remains unidentified, the Black Basta ransomware group claimed to have stolen 910GB of data from the company, including customer and staff information.

Based on the meeting notes, key takeaways include:

– A cybersecurity incident on Jan. 31 caused Willis Lease Finance Corp.’s systems to go offline.
– Unauthorized activity was discovered on the company’s IT systems, prompting an investigation to assess the incident’s scope and nature.
– The investigation is ongoing and being carried out with third-party cybersecurity experts.
– The Black Basta ransomware group has allegedly claimed to have stolen 910GB of company data, including information related to customers, staff, and the HR department.
– Willis Lease Finance Corp. is actively responding to and addressing the issues posed by the incident, but has not disclosed any details regarding data compromise.

These takeaways provide a clear summary of the situation for further communication or decision-making purposes.

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