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A cyberattack launched on December 27, 2022, caused the Canadian Copper Mountain Mining Corporation (CMMC) to shut down its operations. The IT team of the company from British Columbia quickly implemented the predefined risk management systems and protocols to contain the incident.
What Happened?
The incident was made public on the 29th of December via CMMC’s website. In the press release, the company announced that it has isolated its operations, switched to manual processes where possible, and preventatively shut down the mill to determine the effect of the attack on its control systems.
The Company’s external and internal IT teams are continuing to assess risks and are actively establishing additional safeguards to mitigate any further risk to the Company.
CMMC (Source)
The press release shows us that the cybersecurity incident did not compromise the safety measures or cause environmental damage. The company’s main priority is to resume its operations normally as soon as possible, limiting the financial impact of the attack.
As reported by BleepingComputer, a cybercriminal offered to sell the credentials of an account belonging to a CMMC employee on a hacker marketplace on December 13, 2022. It is very likely that hackers utilized a compromised account to access the company’s network given the proximity of the dates between the credential that was being offered for sale and the announcement of the ransomware assault.
CMMC informed the competent authorities about the incident and an investigation is undergoing. The company produces approximately 100 million pounds of copper equivalent on average per year.
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Cristian is a Content Editor & Creator at Heimdal®, where he developed a deep understanding of the digital threat landscape. His style resonates with both technical and non-technical readers, proof being in his skill of communicating cybersecurity norms effectively, in an easy-to-understand manner.
