Incident analysis
Bin Faqeeh Real Estate was listed by Direwolf ransomware, a group with 148 victims recorded in this database. The listing appeared on the group's leak site on May 31, 2025.
Bin Faqeeh Real Estate is based in Bahrain and operates in the Construction sector. Bahrain ranks #109 worldwide for ransomware disclosures, with 6 victims in this database.
Sector context. Construction firms often hold sensitive project data, client financials, and intellectual property. The industry's typically lean IT security teams can make them more vulnerable.
Direwolf 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.