Latvian forestry company still restoring systems weeks after ransomware attack

2026-07-10T08:51:54Z06976589d6d4a8546d81ce551ec0a6debe19d0c3eb3266e25d3ed3cc022fdb70
BlockCash AppEU litigationIntellexaLVMLatviaNIS2NSAPredatorTAOTailored Access Operationscritical infrastructurefinancially motivated threat actorfintech securityincident responseprivacy lawsuitransomwareregulatory enforcementsettlementspywarestate-owned enterprise

What happened

Multiple Europe-focused cybersecurity and privacy developments: Latvian state-owned forestry company Latvijas Valsts Mezi (LVM) remains in recovery weeks after a ransomware attack attributed to a financially motivated foreign group. The US NSA restored the Tailored Access Operations (TAO) name for its elite hacking unit. The EU has taken Ireland, Spain, France and the Netherlands to court for failing to transpose the NIS2 cybersecurity directive. Greek victims have filed a lawsuit against surveillance vendor Intellexa over Predator spyware exposures. Block, Inc. (Cash App) agreed to a $45Msett

Why it matters

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Evidence and limitations

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therecord_media
Record identifier
06976589d6d4a8546d81ce551ec0a6debe19d0c3eb3266e25d3ed3cc022fdb70
Enrichment time
2026-07-10T08:51:54Z
AI-assisted enrichment
Yes

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