Cyber Threat Intelligence
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Ransomware Victim Financial Services

Goldhorse Capital Management

Ransomware attack by Beast · Disclosed November 13, 2025 · 🇨🇭 Switzerland

www.goldhorse.com.hk

Date Disclosed
Nov 13, 2025
2025
Threat Group
Beast
72 total victims
Country
🇨🇭 Switzerland
Industry
Financial Services

ThreatAI Analysis

Compiled from this incident record and the threat intelligence profile for Beast. Figures and technique mappings are quoted from the source data, not inferred.

About the Beast group

Beast is a Ransomware-as-a-service (RaaS) product which provides functionality such as SMB scanning, file encryption, service and process starting and stopping, and geographic identification to avoid encryption in CIS countries. Beast has listed 70 victims since December 2023.

Incident Analysis

Goldhorse Capital Management was targeted by Beast ransomware, one of the most active ransomware groups in our database with 72 confirmed victims globally. The attack was disclosed on November 13, 2025, when Goldhorse Capital Management appeared on the group's dark web leak site.

Goldhorse Capital Management is based in Switzerland , operating in the Financial Services sector. Switzerland ranks #13 globally for ransomware attacks, with 194 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.

Beast 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 — 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: Sep 6, 2026 16:00 UTC.

Frequently Asked Questions

Was Goldhorse Capital Management attacked by ransomware?

Yes. Goldhorse Capital Management was listed as a victim of the Beast ransomware group on November 13, 2025. The organisation is based in Switzerland and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Goldhorse Capital Management?

Goldhorse Capital Management was attacked by Beast ransomware. Beast is one of the most active ransomware groups, having claimed 72 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Goldhorse Capital Management ransomware attack occur?

The ransomware attack on Goldhorse Capital Management was disclosed on November 13, 2025. 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 Goldhorse Capital Management ransomware attack?

The specific data stolen from Goldhorse Capital Management 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, Goldhorse Capital Management likely held financial records, client data, and transaction histories.

How can organisations protect against Beast attacks?

To defend against Beast 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.