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Cyber Threat
CTI Academy Sponsor CTI Academy
Ransomware victim Financial Services

Smith Capital - Press Release

Listed by Monti on · organisation based in France

Disclosed
Jan 23, 2024
Leak-site listing date
Threat group
Monti
63 victims listed
Country
France
#6 most targeted
Sector
Financial Services

ThreatAI analysis

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

About the Monti group

Monti is a ransomware group first observed in June 2022 that initially copied nearly all of Conti's leaked source code, pivoting to target government, legal, and healthcare entities, later releasing a new Linux variant in 2023 with significantly less Conti code similarity, and experimenting with an affiliate model. Monti has listed 110 victims since December 2022.

Incident analysis

Smith Capital - Press Release was listed by Monti ransomware, a group with 63 victims recorded in this database. The listing appeared on the group's leak site on January 23, 2024.

Smith Capital - Press Release is based in France and operates in the Financial Services sector. France ranks #6 worldwide for ransomware disclosures, with 573 victims in this database.

Sector context. Financial sector organisations are targeted for their access to funds, sensitive financial data, and the reputational damage a public breach can cause. Regulatory requirements also increase recovery costs.

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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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

Source. Public leak-site disclosures aggregated via the ransomware.live API. The disclosure date is when the listing was published, which can differ from the date of compromise. This site does not publish or link to stolen data. Last updated .

Frequently asked questions

Was Smith Capital - Press Release attacked by ransomware?

Yes. Smith Capital - Press Release was listed as a victim of the Monti ransomware group on January 23, 2024. The organisation is based in France and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Smith Capital - Press Release?

Smith Capital - Press Release was attacked by Monti ransomware. Monti is one of the most active ransomware groups, having claimed 63 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Smith Capital - Press Release ransomware attack occur?

The ransomware attack on Smith Capital - Press Release was disclosed on January 23, 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 Smith Capital - Press Release ransomware attack?

The specific data stolen from Smith Capital - Press Release 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 Financial Services organisation, Smith Capital - Press Release likely held financial records, client data, and transaction histories.

How can organisations protect against Monti attacks?

To defend against Monti 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.