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Cyber Threat
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Ransomware victim Manufacturing

MODON Developments S.A.E

Listed by Krybit on · organisation based in Egypt

MODON Developments S.A.E

Disclosed
Oct 24, 2026
Leak-site listing date
Threat group
Krybit
199 victims listed
Country
Egypt
#40 most targeted
Sector
Manufacturing

ThreatAI analysis

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

About MODON Developments S.A.E

MODON Developments S.A.E. (MODON For Urban Development) is an innovative Egyptian real estate development and management...

Source record: ransomware.live

About the Krybit group

Krybit is an emerging RaaS group that launched in late March 2026, offering affiliates an 80/20 revenue split with support for Windows, Linux, ESXi, and NAS device encryption, and became notable for a public feud with rival group 0APT in which each breached and leaked the other's operator data. Krybit has listed 162 victims since March 2026.

Incident analysis

MODON Developments S.A.E was listed by Krybit ransomware, a group with 199 victims recorded in this database. The listing appeared on the group's leak site on October 24, 2026.

MODON Developments S.A.E is based in Egypt and operates in the Manufacturing sector. Egypt ranks #40 worldwide for ransomware disclosures, with 73 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.

Krybit 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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 MODON Developments S.A.E attacked by ransomware?

Yes. MODON Developments S.A.E was listed as a victim of the Krybit ransomware group on October 24, 2026. The organisation is based in Egypt and operates in the Manufacturing sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked MODON Developments S.A.E?

MODON Developments S.A.E was attacked by Krybit ransomware. Krybit is one of the most active ransomware groups, having claimed 199 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the MODON Developments S.A.E ransomware attack occur?

The ransomware attack on MODON Developments S.A.E was disclosed on October 24, 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 MODON Developments S.A.E ransomware attack?

The specific data stolen from MODON Developments S.A.E 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 Manufacturing organisation, MODON Developments S.A.E likely held sensitive business data, client information, and operational records.

How can organisations protect against Krybit attacks?

To defend against Krybit 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.