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Ransomware Attacks Ramping Up in the Middle East

Mar 7, 2025 1:47:01 PM / by The Hivemind posted in Threat Bulletin, Middle East, Ransomware, LockBit, RansomHub, DragonForce

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Related Families: DragonForce, RansomHub, LockBit
Verticals Targeted: Construction, Real Estate, Financial 

Executive Summary

Recent industry reporting highlights the ransomware threats faced by various entities in the Middle East. DragonForce ransomware was recently observed targeting a real estate and construction company in Saudi Arabia. However, this is only the tip of the iceberg, as entities in the Middle East, particularly financial services entities in Saudi Arabia and the UAE, are also being heavily targeted by ransomware.

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DragonForce Ransomware

Oct 4, 2024 1:05:42 PM / by The Hivemind posted in Threat Bulletin, Ransomware, Lockbit 3.0, Conti, evolving, Emerging, DragonForce

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Related Families: LockBit 3.0, Conti
Verticals Targeted: Business Services, Construction, Retail, Telecommunications, Manufacturing, Mining, Government, Healthcare, Transportation, Energy, Software, Education 

Executive Summary

DragonForce is a ransomware as a service (RaaS) that has significantly evolved in the past year, making it a formidable threat.

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