Threat actor analysis
Aoqin has disclosed 4 victims on its leak site, 0% of all ransomware listings tracked in this database. Its earliest disclosure here dates to November 2026.
The group has listed organisations in 4 countries, most often in Slovenia (1 victims), followed by Chile, China, United States.
By industry, its listings concentrate in Professional Services, Technology, Energy & Utilities — sectors that hold sensitive data or cannot tolerate long outages, both of which raise the pressure to pay.
Like most current ransomware operations, Aoqin is likely to use double extortion: data is stolen before files are encrypted, and organisations that refuse to pay are named on the leak site with the stolen data as leverage.