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Ransomware victim Technology

Racing Forensics Inc

Listed by Cicada3301 on · organisation based in Canada

racingforensics.com

Disclosed
Oct 18, 2024
Leak-site listing date
Threat group
Cicada3301
75 victims listed
Country
Canada
#3 most targeted
Sector
Technology

ThreatAI analysis

Compiled from this incident record and the threat intelligence profile for Cicada3301. Figures and technique mappings are quoted from the source data, not inferred.

About the Cicada3301 group

Cicada3301 is a ransomware-as-a-service group (tracked as Repellent Scorpius by Palo Alto) that emerged in mid-2024 using Rust-based ransomware targeting Windows, Linux, and ESXi systems, suspected to be a successor of BlackCat/ALPHV and running an affiliate program with 20% commissions. Cicada3301 has listed 75 victims since June 2024.

Incident analysis

Racing Forensics Inc was listed by Cicada3301 ransomware, a group with 75 victims recorded in this database. The listing appeared on the group's leak site on October 18, 2024.

Racing Forensics Inc is based in Canada and operates in the Technology sector. Canada ranks #3 worldwide for ransomware disclosures, with 975 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.

Cicada3301 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.

Frequently asked questions

Was Racing Forensics Inc attacked by ransomware?

Yes. Racing Forensics Inc was listed as a victim of the Cicada3301 ransomware group on October 18, 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 Racing Forensics Inc?

Racing Forensics Inc was attacked by Cicada3301 ransomware. Cicada3301 is one of the most active ransomware groups, having claimed 75 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Racing Forensics Inc ransomware attack occur?

The ransomware attack on Racing Forensics Inc was disclosed on October 18, 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 Racing Forensics Inc ransomware attack?

The specific data stolen from Racing Forensics Inc 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, Racing Forensics Inc likely held source code, intellectual property, and customer data.

How can organisations protect against Cicada3301 attacks?

To defend against Cicada3301 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.