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Cyber Threat
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Ransomware victim Technology

K2systems.ca

Listed by Redransomware on · organisation based in Canada

k2systems.ca

Disclosed
Mar 28, 2024
Leak-site listing date
Threat group
Redransomware
16 victims listed
Country
Canada
#3 most targeted
Sector
Technology

ThreatAI analysis

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

About the Redransomware group

Red Ransomware (Red CryptoApp) emerged in early 2024, debuting its "Wall of Shame" data leak site with 11 victims across IT, legal, hospitality, manufacturing, and education sectors predominantly in the US, using phishing and vulnerability exploitation with double-extortion tactics. Redransomware has listed 16 victims since March 2024.

Incident analysis

K2systems.ca was listed by Redransomware ransomware, a group with 16 victims recorded in this database. The listing appeared on the group's leak site on March 28, 2024.

K2systems.ca is based in Canada and operates in the Technology sector. Canada ranks #3 worldwide for ransomware disclosures, with 974 victims in this database.

Sector context. Technology companies hold intellectual property, customer data, and source code — all highly valuable assets. A successful ransomware attack can also put downstream customers at risk through supply chain exposure.

Redransomware 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.

Source. Public leak-site disclosures aggregated via the ransomware.live API. The disclosure date is when the listing was published, which can differ from the date of compromise. This site does not publish or link to stolen data. Last updated .

Frequently asked questions

Was K2systems.ca attacked by ransomware?

Yes. K2systems.ca was listed as a victim of the Redransomware ransomware group on March 28, 2024. The organisation is based in Canada and operates in the Technology sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked K2systems.ca?

K2systems.ca was attacked by Redransomware ransomware. Redransomware is one of the most active ransomware groups, having claimed 16 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the K2systems.ca ransomware attack occur?

The ransomware attack on K2systems.ca was disclosed on March 28, 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 K2systems.ca ransomware attack?

The specific data stolen from K2systems.ca 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 Technology organisation, K2systems.ca likely held source code, intellectual property, and customer data.

How can organisations protect against Redransomware attacks?

To defend against Redransomware 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.