PA
Ransomware Victim Business Services

Panorama

Ransomware attack by Spacebears ยท Disclosed August 17, 2025 ยท ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

panorama1.net/index.php?language=2

Date Disclosed
Aug 17, 2025
2025
Threat Group
Spacebears
160 total victims
Industry
Business Services

ThreatAI Analysis

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

About the Spacebears group

Space Bears is a double-extortion ransomware group that emerged in April 2024, distinguished by a professional "corporate" aesthetic on its leak site, leveraging Phobos RaaS infrastructure and targeting small-to-medium organizations in manufacturing, technology, and healthcare across the US and Europe. Spacebears has listed 147 victims since April 2024.

Incident Analysis

Panorama was targeted by Spacebears ransomware, one of the most active ransomware groups in our database with 160 confirmed victims globally. The attack was disclosed on August 17, 2025, when Panorama appeared on the group's dark web leak site.

Panorama is based in Israel , operating in the Business Services sector. Israel ranks #20 globally for ransomware attacks, with 141 victims in our database.

Sector context: Business services firms often have access to multiple client environments, making them high-value pivot points for ransomware operators seeking to maximise impact across multiple victim organisations.

Spacebears 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 โ€” 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 5, 2026 20:00 UTC.

Frequently Asked Questions

Was Panorama attacked by ransomware?

Yes. Panorama was listed as a victim of the Spacebears ransomware group on August 17, 2025. The organisation is based in Israel and operates in the Business Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Panorama?

Panorama was attacked by Spacebears ransomware. Spacebears is one of the most active ransomware groups, having claimed 160 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Panorama ransomware attack occur?

The ransomware attack on Panorama was disclosed on August 17, 2025. 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 Panorama ransomware attack?

The specific data stolen from Panorama 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 Business Services organisation, Panorama likely held sensitive business data, client information, and operational records.

How can organisations protect against Spacebears attacks?

To defend against Spacebears 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.