Brinztech Alert: Database of Ejad Tech is on Sale

Dark Web News Analysis

A threat actor on a known cybercrime forum is claiming to sell a database that they allege was stolen from Ejad Tech (Ejadtech.com.sa), an IT company based in Saudi Arabia. According to the seller’s post, the database contains approximately 4,600 personal data records. The actor has provided a screenshot as proof and is using a classic double-extortion tactic: offering the data for sale for $2,500 in cryptocurrency, while demanding a higher price of $5,000 from the company for its permanent deletion.

This claim, if true, represents a significant supply chain security incident. A data breach at a B2B IT company poses a direct and immediate threat to its entire client base. The leaked information, especially a list of business contacts, provides a powerful toolkit for criminals to launch highly sophisticated fraud campaigns, such as Business Email Compromise (BEC) scams. The extortion demand is a clear attempt to pressure the company into paying to prevent this harm.

Key Cybersecurity Insights

This alleged data breach presents several critical business and supply chain threats:

• Severe Supply Chain Risk for Clients: The primary danger from a breach at a B2B service provider like Ejad Tech is the risk to its clients. The leaked data can provide a roadmap for criminals to launch highly targeted BEC, spear-phishing, and other social engineering attacks against the entire supply chain.
• A Classic Double-Extortion Tactic: The offer to sell the data for one price and delete it for a higher price is a clear extortion scheme. The main goal is to pressure the victim organization into paying the higher fee to prevent the widespread harm and reputational damage that would follow a public sale of its client data.
• A Toolkit for Sophisticated B2B Fraud: With a list of an IT company’s clients and their contact details, an attacker can convincingly impersonate Ejad Tech to solicit fraudulent payments for “overdue” invoices or to trick clients into revealing more sensitive corporate information.

Mitigation Strategies

In response to a supply chain threat of this nature, all involved companies must act swiftly:

• Launch an Immediate Investigation and Partner Notification: The highest priority for Ejad Tech is to conduct an urgent forensic investigation to verify the claim’s authenticity. It is also their critical responsibility to proactively and confidentially notify all of their clients about the potential breach so those organizations can take immediate defensive measures.
• Activate Third-Party Risk Management for all Clients: Any organization that is a client of Ejad Tech should immediately activate its third-party risk management and incident response plans. They must assume their own data may be at risk and treat all communications purporting to be from the vendor with heightened scrutiny.
• Conduct a Comprehensive Security Overhaul: A breach of this nature necessitates a complete review of the company’s security posture. This includes enforcing password resets for all employees and on any client-facing portals, mandating Multi-Factor Authentication (MFA), and enhancing network and database monitoring.

Secure Your Organization with Brinztech As a cybersecurity provider, we can protect your business from the threats discussed here. Contact us to learn more about our services.

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