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Ransomware Victim Financial Services

HDFC FUND

Ransomware attack by Morpheus · Disclosed June 10, 2026 · 🇮🇳 India

Date Disclosed
Jun 10, 2026
2026
Threat Group
Morpheus
24 total victims
Country
🇮🇳 India
Industry
Financial Services

ThreatAI Analysis

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

About the Morpheus group

Morpheus emerged in late 2024 as a semi-private RaaS operation whose affiliates share identical payloads with the HellCat ransomware group, targeting pharmaceutical, manufacturing, legal, and Italian ESXi environments with ransom demands reaching up to 32 BTC (~$3M USD). Morpheus has listed 23 victims since January 2025.

Incident Analysis

HDFC FUND was targeted by Morpheus ransomware, one of the most active ransomware groups in our database with 24 confirmed victims globally. The attack was disclosed on June 10, 2026, when HDFC FUND appeared on the group's dark web leak site.

HDFC FUND is based in India , operating in the Financial Services sector. India ranks #8 globally for ransomware attacks, with 446 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.

Morpheus 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 7, 2026 00:00 UTC.

Frequently Asked Questions

Was HDFC FUND attacked by ransomware?

Yes. HDFC FUND was listed as a victim of the Morpheus ransomware group on June 10, 2026. The organisation is based in India and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked HDFC FUND?

HDFC FUND was attacked by Morpheus ransomware. Morpheus is one of the most active ransomware groups, having claimed 24 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the HDFC FUND ransomware attack occur?

The ransomware attack on HDFC FUND was disclosed on June 10, 2026. 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 HDFC FUND ransomware attack?

The specific data stolen from HDFC FUND 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, HDFC FUND likely held financial records, client data, and transaction histories.

How can organisations protect against Morpheus attacks?

To defend against Morpheus 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.