31 Jan 2024

Stephen Robinson, Senior Threat Intelligence Analyst at WithSecure, comments on the Schneider Electric ransomware attack, stating, “The attack on Schneider Electric follows a trend of cyberattacks against the energy sector."

He adds, "The energy sector is a popular target for ransomware due to playing a vital role in society's daily functioning – disruption can have far-reaching consequences. Schneider Electric themselves were victims of Lockbit's MoveIT ransomware campaign in 2023, so it is concerning to see them compromised again so soon."