Steelcase furniture giant hit by Ryuk ransomware attack

Office furniture giant Steelcase suffered a ransomware attack that forced it to shut down its network to contain the spread of the attack.

Steelcase is the world’s largest manufacturer of office furniture, with 13,000 employees and $ 3.7 billion in 2020.

Steelcase suffers a Ryuk ransomware attack

In an 8K form filed with the Securities and Exchange Commission (SEC), Steelcase announced that it was the victim of a cyber attack on October 22, 2020.

On October 22, 2020, Steelcase Inc. (the “Company”) discovered a cyber attack on its information technology systems. The company has promptly taken a number of containment measures to address this situation, including temporarily shutting down the affected systems and related operations.

The company is actively involved in restoring the affected systems and returning them to normal operating levels. The company is currently not aware of any data loss from its systems or any other loss of assets as a result of this attack. While cyberattacks can be unpredictable, the company currently does not believe that this incident will have a material impact on its business or financial results.

BleepingComputer actively pursued this attack after a cybersecurity source told us last week that Steelcase had suffered a Ryuk ransomware attack.

We were told that Steelcase’s devices were encrypted by Ryuk after they were first attacked by the same group behind the recent attack on Sopra Steria and Universal Health Services.

If you have firsthand information about this or any other unreported cyberattack, you can contact us in confidence on Signal at +16469613731 or through Wire at @ lawrenceabrams-bc

These attacks used either the BazarLoader or TrickBot infections which ultimately allow remote access to the Ryuk ransomware threat actors, who then compromise the rest of the network and deploy Ryuk.

It is unknown how many devices were encrypted or whether any business operations other than the network shutdown were affected.

BleepingComputer contacted Steelcase with additional questions but received no response.

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