Incident analysis
Rowad Modern Engineering was listed by Crypto24 ransomware, a group with 47 victims recorded in this database. The listing appeared on the group's leak site on March 5, 2026.
Rowad Modern Engineering is based in Egypt and operates in the Construction sector. Egypt ranks #41 worldwide for ransomware disclosures, with 69 victims in this database.
Sector context. Construction firms often hold sensitive project data, client financials, and intellectual property. The industry's typically lean IT security teams can make them more vulnerable.
Crypto24 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.