Incident analysis
Kingcan Holdings Limited , Fuzhen Group was listed by Radar ransomware, a group with 24 victims recorded in this database. The listing appeared on the group's leak site on November 3, 2025.
Kingcan Holdings Limited , Fuzhen Group is based in China and operates in the Manufacturing sector. China ranks #28 worldwide for ransomware disclosures, with 127 victims in this database.
Sector context. Manufacturing companies are frequently targeted because production downtime directly translates to financial loss. Ransomware operators exploit this time-sensitivity to demand higher ransoms and faster payment.
Radar 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.