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Ransomware victim Manufacturing

Ramdev Chemical Industries

Listed by Mallox on · organisation based in India

ramdevpigments.com

Disclosed
Mar 17, 2024
Leak-site listing date
Threat group
Mallox
10 victims listed
Country
India
#8 most targeted
Sector
Manufacturing

ThreatAI analysis

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

About the Mallox group

This ransomware uses a combination of different crypto algorithms (ChaCha20, AES-128, Curve25519). The activity of this malware is dated to mid-June 2021. The extension of the encrypted files are set to the compromised company: . Mallox has listed 49 victims since November 2022.

Incident analysis

Ramdev Chemical Industries was listed by Mallox ransomware, a group with 10 victims recorded in this database. The listing appeared on the group's leak site on March 17, 2024.

Ramdev Chemical Industries is based in India and operates in the Manufacturing sector. India ranks #8 worldwide for ransomware disclosures, with 497 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.

Mallox 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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 Ramdev Chemical Industries attacked by ransomware?

Yes. Ramdev Chemical Industries was listed as a victim of the Mallox ransomware group on March 17, 2024. The organisation is based in India and operates in the Manufacturing sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Ramdev Chemical Industries?

Ramdev Chemical Industries was attacked by Mallox ransomware. Mallox is one of the most active ransomware groups, having claimed 10 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Ramdev Chemical Industries ransomware attack occur?

The ransomware attack on Ramdev Chemical Industries was disclosed on March 17, 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 Ramdev Chemical Industries ransomware attack?

The specific data stolen from Ramdev Chemical Industries 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, Ramdev Chemical Industries likely held sensitive business data, client information, and operational records.

How can organisations protect against Mallox attacks?

To defend against Mallox 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.