CORRECTING and REPLACING NASCAR Racing Team Partners with Malwarebytes Following Ransomware Attack

Circle Sport-Leavine Family Racing infected by TeslaCrypt Ransomware

CORRECTION...by Malwarebytes

SANTA CLARA, Calif.--()--In the list of hyperlinks following the tenth paragraph of release dated June 24, 2016, the first hyperlink should read http://malwarebytesracing.com (instead of https://www.malwarebytesracing.com).

The corrected release reads:

NASCAR RACING TEAM PARTNERS WITH MALWAREBYTES FOLLOWING RANSOMWARE ATTACK

Circle Sport-Leavine Family Racing infected by TeslaCrypt Ransomware

Malwarebytes™, the leading advanced malware prevention and remediation solution, is now protecting and partnering with Circle Sport-Leavine Family Racing (CSLFR), a NASCAR racing team fielding the No. 95 in the Sprint Cup Series. The team recently fell victim to ransomware, where a crucial subset of data was held hostage. The company turned to Malwarebytes in the wake of the attack, and now deploys Malwarebytes Anti-Malware on all company computers to protect its data.

As crew chief, Dave Winston manages all track data from races, as well as data from test facilities and personnel information. Computers, all of which held Winston’s data, were recently infected by TeslaCrypt ransomware and the perpetrators demanded that the CSLFR team pay a ransom within 48 hours, or their data would be gone forever. The track data taken hostage contained key information that the CSLFR team had to ensure that their race cars perform at their highest level, car part lists, and custom high-profile simulation set-ups valued at $2 million. To recreate this data, it would have taken the team nearly 1,500 man-hours.

“Just knowing that we could lose everything that we had worked so hard to achieve was terrifying,” said Dave Winston, NASCAR Sprint Cup Series Crew Chief. “The data that they were threatening to take from us was priceless, we couldn’t go one day without it greatly impacting the team’s future success. This was a completely foreign experience for all of us, and we had no idea what to do. What we did know was that if we didn't get the files back, we would lose years worth of work valued at millions of dollars.”

In the wake of the attack, the CSLFR team was advised to look into using Malwarebytes to remediate any leftover instances of infection, and protect itself for the future. After working overnight to find bitcoins to pay the ransom and recover their files within 48 hours, Dave Winston and his team decided on Malwarebytes, which they were told could have prevented this attack. After running and installing Malwarebytes Anti-Malware, the company found and eliminated additional instances of malware infection from over 10,000 files. Now, the company is protecting all of its company data with licenses for Malwarebytes Anti-Malware.

“Like most companies, we felt we had solid security in place on our digital intelligence with our software and firewalls, but this is a very new threat,” said Jeremy Lange, VP at CSLFR. “It’s an area of coverage that you don’t realize you need until it happens to you. We’re lucky that it all worked out and now having this partnership with Malwarebytes, we hope to inform NASCAR fans and the industry of this threat and the solution.”

The threat of ransomware is growing rapidly. Instances of ransomware in exploit kits, used to infect web users, have increased about 44 percent in the last six months alone, according to Malwarebytes research data. Malwarebytes and CSLFR have launched a partnership to help educate the public about the very real threat of ransomware to companies of all sizes, and consumers of all kinds. The company will be sponsoring CSLFR at multiple NASCAR Sprint Cup Series races throughout the year. Malwarebytes was drawn to NASCAR because of the size of the NASCAR fan base and their loyalty to sponsors in the sport.

“We are honored to be partnering with CSLFR to emphasize to everyone including the NASCAR community that ransomware is a very real threat,” said Marcin Kleczynski, CEO, Malwarebytes. “Companies of all types and sizes can fall victim at any time. Instances of ransomware infection are growing rapidly, and the first step in fighting a disease is protection. We are doing everything we can to help companies like CSLFR and the other Fortune 500 companies in NASCAR to protect and defend themselves from cyber criminals who want to take their incredibly valuable data hostage.”

For more details on the incident, view our video case study here.

About Malwarebytes

Malwarebytes protects consumers and businesses against dangerous threats such as malware, ransomware, and exploits that escape detection by traditional antivirus solutions. Malwarebytes Anti-Malware, the company’s flagship product, has a highly advanced heuristic detection engine that removed more than five billion malicious threats from computers worldwide. More than 10,000 SMBs and enterprise businesses worldwide trust Malwarebytes to protect their data. Founded in 2008, the company is headquartered in California with offices in Europe, and a global team of researchers and experts. For more information, please visit us at www.malwarebytes.org.

Malwarebytes reflects the operating philosophy of its founder and CEO Marcin Kleczynski: to create the best disinfection and protection solutions to combat the world’s most harmful Internet threats. Marcin was recently named “CEO of the Year” in the Global Excellence awards and has been named to the 2015 Forbes 30 Under 30 Rising Stars of Enterprise Technology list and the Silicon Valley Business Journal’s 40 Under 40 award, adding those to a 2014 Ernst & Young Entrepreneur of the Year Award.

Follow the Malwarebytes racing sponsorship here: http://malwarebytesracing.com

Follow us on Facebook: https://www.facebook.com/Malwarebytes

Follow us on Twitter: @malwarebytes https://twitter.com/malwarebytes

Follow us on LinkedIn: https://www.linkedin.com/company/malwarebytes

See us on YouTube: http://www.youtube.com/malwarebytes

Read our latest Malwarebytes Labs blog: https://blog.malwarebytes.org/

About Circle Sport-Leavine Family Racing

Formed in 2016, Joe Falk, owner of Circle Sport Racing and Bob and Sharon Leavine, owners of Leavine Family Racing teamed up to compete in the 2016 NASCAR Sprint Cup Series season as Circle Sport-Leavine Family Racing. The team fields the No. 95 Chevrolet SS, driven by Michael McDowell as well as Ty Dillon in select races. The team operates out of their Concord, N.C.-based race shop with a veteran group of racing personnel and is driven by several core principals including Value, Integrity, Flexibility, Opportunity, Access and Experience. For more information, please visit www.CSLFR95.com.

Twitter - https://twitter.com/cslfr95

Facebook - https://www.facebook.com/LeavineFamilyRacing

Instagram - https://www.instagram.com/cslfr95/

Contacts

Malwarebytes
Doron Aronson, 408-221-6992
Global Communications
daronson@malwarebytes.com
or
Circle Sport-Leavine Family Racing
Nealie Stufflet, 704-918-0963
nealie@zerolightcomms.com

Contacts

Malwarebytes
Doron Aronson, 408-221-6992
Global Communications
daronson@malwarebytes.com
or
Circle Sport-Leavine Family Racing
Nealie Stufflet, 704-918-0963
nealie@zerolightcomms.com