Incident analysis
MTCO (Mahmoud Altaheni & Partners Trading Co) was listed by Gammax ransomware, a group with 9 victims recorded in this database. The listing appeared on the group's leak site on August 1, 2026.
MTCO (Mahmoud Altaheni & Partners Trading Co) is based in Saudi Arabia and operates in the Professional Services sector. Saudi Arabia ranks #37 worldwide for ransomware disclosures, with 77 victims in this database.
Sector context. Organisations in this sector hold valuable data and operational systems that ransomware groups seek to exploit for financial gain through encryption and data exfiltration.
Gammax 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.