Incident analysis
Able One a Quadbridge Company was listed by 8base ransomware, a group with 177 victims recorded in this database. The listing appeared on the group's leak site on January 31, 2024.
Able One a Quadbridge Company is based in Canada and operates in the Technology sector. Canada ranks #3 worldwide for ransomware disclosures, with 975 victims in this database.
Sector context. Technology companies hold intellectual property, customer data, and source code — all highly valuable assets. A successful ransomware attack can also put downstream customers at risk through supply chain exposure.
8base typically follows a double extortion model: data is exfiltrated from the victim's systems before files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished. The leak site, where this listing appeared, is the lever for the second demand.