Subway Puts a LockBit Investigation on the Menu – Source: www.darkreading.com

Source: graham jepson via Alamy Stock Photo

The Subway restaurant chain, creator of the Sweet Onion Teriyaki combo and slinger of sports-themed fast-casual sandwich deals, is investigating claims that the LockBit 3.0 ransomware gang was able to toast up its infrastructure.

Last week, the infamous ransomware group claimed on its Tor leak site that it “exfiltrated [Subway’s] SBS internal system, which includes hundreds of gigabytes of data and all financial aspects of the franchise, including employee salaries, franchise royalty payments, master franchise commission payments, restaurant turnovers etc.”

LockBit claims that it will put the information up for sale on Feb. 2 unless the ransom is paid (the amount that the group is demanding is unknown).

For its part, Subway didn’t unwrap what it thought about the claims until this week, when the company issued private statements to media that it’s actively investigating LockBit’s claims, but it has not yet provided any assessments or findings.

LockBit Hacks Fresh?

One thing’s certain — going after such a big hoagie of a target is out of character for the LockBit gang, so, if true, the Subway hit could signal a change in its modus operandi.

“LockBit’s recent claim of breaching Subway has raised eyebrows, but what’s most interesting is that it’s not their typical gig,” says Ferhat Dikbiyik, head of research at the Black Kite cybersecurity firm. “Their average prey consists of companies with about $100 million in revenue, signaling that while they’ve taken a bite out of a billion-dollar brand [now], the majority of their targets are midsize or small.”

The reason for the pivot could be the presentation of sheer opportunity, he adds: “An analysis of Subway with Black Kite’s platform confirms issues similar to other major enterprises with large attack surfaces. Many are slow to patch and, as a result, face vulnerability exploitation, a tactic of ransomware groups like LockBit. We’ve seen this before with incidents like the Boeing breach via CitrixBleed.” 

Black Kite estimates that LockBit enjoyed about a fifth (21%) of global ransomware market share last year, claiming more than 1,000 victims. That’s a number that dovetails with other estimates; a ransomware stats report this week from ZeroFox, for example, found that LockBit accounted for more than 35% of total extortion attacks in early 2023 — peaking at almost 50% last February and 20% in the fourth quarter.

ZeroFox recommends a range of best practices as a good LockBit defense as the gang potentially expands its menu of targets: