Incident Score: Analysis & Impact (WESSHARAMSHA1787891249)
The details regarding individual company incidents & reports gives you full view from every side.
Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Sharp Motor Group's Ransomware and lateral movement inside company's environment.
- Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
- How Rankiteo’s incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts Sharp Motor Group Rankiteo cyber scoring and cyber rating.
- Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the Sharp Motor Group breach identified under incident ID WESSHARAMSHA1787891249.
The analysis begins with a detailed overview of Sharp Motor Group's information like the linkedin page: https://www.linkedin.com/company/sharp-motor-group, the number of followers: 294, the industry type: Retail Motor Vehicles and the number of employees: 28 employees
After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 755 and after the incident was 648 with a difference of -107 which is could be a good indicator of the severity and impact of the incident.
In the next step of the video, we will analyze in more details the incident and the impact it had on Sharp Motor Group and their customers.
On 23 August 2024, Sharp Motor Group disclosed Ransomware issues under the banner "Storm Ransomware Group Targets Sharp Motor Group".
The Storm ransomware group has claimed Sharp Motor Group as its fourth Australian victim, listing it on its leak site on 23 August.
The disruption is felt across the environment, and exposing Employee passport and driver's license scans, financial records, customer invoices, login credentials.
In response, and stakeholders are being briefed through Public statement emphasizing customer and staff privacy as top priority.
The case underscores how Ongoing, with advisories going out to stakeholders covering Public statement regarding the incident and prioritization of privacy.
Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.
The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.
MITRE ATT&CK® Correlation Analysis
Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Supply Chain Compromise: Compromise Software Supply Chain (T1195.002) with high confidence (90%), with evidence including third-party IT provider was compromised, and supply chain attacks, where cybercriminals exploit vulnerabilities in third-party vendors. Under the Credential Access tactic, the analysis identified Valid Accounts (T1078) with moderate to high confidence (80%), supported by evidence indicating login credentials included in stolen data samples and Unsecured Credentials: Credentials In Files (T1552.001) with moderate to high confidence (70%), supported by evidence indicating login credentials included in stolen data samples. Under the Collection tactic, the analysis identified Data from Local System (T1005) with high confidence (90%), supported by evidence indicating employee passport and driver’s license scans, financial records, customer invoices compromised and Data from Information Repositories (T1213) with moderate to high confidence (80%), supported by evidence indicating financial records, customer invoices compromised. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with high confidence (90%), with evidence including data exfiltration confirmed, and threat to publish entire dataset on 14 September. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with moderate to high confidence (70%), with evidence including type such as Ransomware, and storm ransomware group listed victim on leak site and Defacement: External Defacement (T1491.002) with moderate confidence (60%), supported by evidence indicating storm ransomware group listed victim on leak site. Under the Lateral Movement tactic, the analysis identified Exploitation of Remote Services (T1210) with moderate to high confidence (70%), supported by evidence indicating compromised third-party IT provider to gain access to larger targets. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Sharp Motor Group Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/sharp-motor-group/incident/WESSHARAMSHA1787891249
- Sharp Motor Group CyberSecurity Rating page: https://www.rankiteo.com/company/sharp-motor-group
- Sharp Motor Group Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/wessharamsha1787891249-westco-motors-cairns-ramsey-bros-sharp-motor-group-sharp-motor-groups-third-party-it-provider-ransomware-august-2026/
- Sharp Motor Group CyberSecurity Score History: https://www.rankiteo.com/company/sharp-motor-group/history
- Sharp Motor Group CyberSecurity Incident Source: https://www.cyberdaily.au/security/14111-exclusive-sharp-motor-group-confirms-third-party-cyber-incident-in-wake-of-ransomware-claims
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf