Security Strategy, Plan, Budget

Spanish security company Prosegur hit with Ryuk

The Madrid-based security firm Prosegur was hit and taken down by a Ryuk ransomware attack late last week.

The firm tweeted on November 27 that it suffered a security incident in its telecommunications platforms and had implemented its defensive and security protocols to try and mitigate and limit the damage to itself and customers. It thenquickly issued an update stating it had been victimized by Ryuk ransomware.

On November 29 issued its latest update on Twitter stating it was continuing its efforts to recover from the attack. The corporate website remains down.

The company has more than 170,000 employees worldwide and primarily works in the physical security space such as protecting cash in transit, security technology and security consulting, residential security.

Ryuk has been a go-to favorite ransomware for many cybercriminals, primarily those that target larger enterprises.

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