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Ransomware Victim Financial Services

Bitfinex

Ransomware attack by Flocker Β· Disclosed May 3, 2024 Β· πŸ‡»πŸ‡¬ VG

bitfinex.com

Date Disclosed
May 3, 2024
2024
Threat Group
Flocker
59 total victims
Country
πŸ‡»πŸ‡¬ VG
Industry
Financial Services

Incident Analysis

Bitfinex was targeted by Flocker ransomware, one of the most active ransomware groups in our database with 59 confirmed victims globally. The attack was disclosed on May 3, 2024, when Bitfinex appeared on the group's dark web leak site.

Bitfinex is based in VG , operating in the Financial Services sector. VG ranks #117 globally for ransomware attacks, with 4 victims in our database.

Sector context: Financial sector organisations are targeted for their access to funds, sensitive financial data, and the reputational damage a public breach can cause. Regulatory requirements also increase recovery costs.

Flocker typically employs a double extortion model: first exfiltrating sensitive data from the victim's systems, then deploying ransomware to encrypt files. Victims face two simultaneous threats β€” paying to restore access and paying to prevent publication of stolen data. The group's leak site publishes victim names and exfiltrated data as leverage.

Data source: This incident record is sourced from public ransomware group leak site disclosures aggregated via the ransomware.live API. Disclosure date reflects when the victim was published on the leak site, which may differ from the initial date of compromise. This platform does not publish or link to stolen data. Last data update: Aug 5, 2026 12:00 UTC.

Frequently Asked Questions

Was Bitfinex attacked by ransomware?

Yes. Bitfinex was listed as a victim of the Flocker ransomware group on May 3, 2024. The organisation is based in VG and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Bitfinex?

Bitfinex was attacked by Flocker ransomware. Flocker is one of the most active ransomware groups, having claimed 59 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Bitfinex ransomware attack occur?

The ransomware attack on Bitfinex was disclosed on May 3, 2024. This date reflects when the victim was published on the threat group's leak site, which may differ from the actual date of initial compromise.

What data was stolen in the Bitfinex ransomware attack?

The specific data stolen from Bitfinex has not been independently verified by this platform. Ransomware groups typically exfiltrate data before encrypting systems and use the threat of publication to pressure victims. As a Financial Services organisation, Bitfinex likely held financial records, client data, and transaction histories.

How can organisations protect against Flocker attacks?

To defend against Flocker and similar threat actors, organisations should: maintain regular offline backups tested for restoration; implement network segmentation to limit lateral movement; deploy multi-factor authentication on all remote access; use endpoint detection and response (EDR) tools; conduct regular phishing and security awareness training; and monitor threat intelligence feeds for indicators of compromise (IOCs) associated with active groups.