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IST Management ransomware triggers global IT shutdown and workflow recovery

IST Management detected ransomware-related unauthorized activity on June 4, 2022 and took its IT systems offline worldwide to contain the incident. Its public customer notices describe restoration of internal operations and multiple subsequent customer-facing recovery updates for outsourced facilities and legal-support services. The company later identified the ransomware variant as Black Basta; specific customer delivery delays were not quantified.

67

Estimated severity

67 / 100

80

Source reliability

80 / 100

Approximate Date

2022-06-04

Targeted Company

IST MANAGEMENT SERVICES

Targeted Company Supply Chain Impact

  1. Distribution & Fulfillment

  2. Procurement & Sourcing

  3. Production & Manufacturing

  4. Sales (Retail & Ecommerce)

  5. Warehousing

  6. Service Delivery

  7. Unrecognized Impact

Supply Chain Relations

No information

Geographic Impact

Country Targeted Company

United States

USA

Other Affected Countries

No other affected countries reported

Target country

United States

Affected countries

United States

Impacted regions

No information

Operational Impact

Duration

No information

Financial impact (USD M)

No information

Impact types

Operational disruption

Affected sectors

Professional & Business Services

Affected departments

Information Technology

Attack Profile

Attack types

Ransomware

Attributed threat actors

No information

Sources

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