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Ransomware Victim Financial Services

Development Bank of Jamaica

Ransomware attack by Hunters Β· Disclosed December 18, 2024 Β· πŸ‡―πŸ‡² Jamaica

dbankjm.com

Date Disclosed
Dec 18, 2024
2024
Threat Group
Hunters
282 total victims
Country
πŸ‡―πŸ‡² Jamaica
Industry
Financial Services

Incident Analysis

Development Bank of Jamaica was targeted by Hunters ransomware, one of the most active ransomware groups in our database with 282 confirmed victims globally. The attack was disclosed on December 18, 2024, when Development Bank of Jamaica appeared on the group's dark web leak site.

Development Bank of Jamaica is based in Jamaica , operating in the Financial Services sector. Jamaica ranks #81 globally for ransomware attacks, with 10 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.

Hunters 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 3, 2026 08:00 UTC.

Frequently Asked Questions

Was Development Bank of Jamaica attacked by ransomware?

Yes. Development Bank of Jamaica was listed as a victim of the Hunters ransomware group on December 18, 2024. The organisation is based in Jamaica and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Development Bank of Jamaica?

Development Bank of Jamaica was attacked by Hunters ransomware. Hunters is one of the most active ransomware groups, having claimed 282 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Development Bank of Jamaica ransomware attack occur?

The ransomware attack on Development Bank of Jamaica was disclosed on December 18, 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 Development Bank of Jamaica ransomware attack?

The specific data stolen from Development Bank of Jamaica 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, Development Bank of Jamaica likely held financial records, client data, and transaction histories.

How can organisations protect against Hunters attacks?

To defend against Hunters 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.