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“Dire Wolf has already impacted at least 16 victims across 11 countries, including the US, Thailand, Taiwan, Singapore, Italy, and India. Manufacturing and technology sectors face the highest risk, including data processing, e-invoicing, and privacy service providers in Asia and globally. Among other sectors, accounting, healthcare, engineering, and construction firms—any business managing sensitive client data is at risk,” said Pareekh Jain, CEO at EIIRTrend & Pareekh Consulting.
Ripple effects on global enterprises
The global business fallout of Dire Wolf ransomware attacks is significant and poses a multi-layered, high-impact threat to global enterprises.
“Its attacks directly disrupt operations and supply chains, particularly in manufacturing and tech, leading to production delays, revenue loss, and downstream customer impact,” said Manish Rawat, analyst at TechInsights. “Financial impact is significant, with ransom demands reaching mid-six figures, pressuring large enterprises while influencing cyber insurance costs.”
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