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Ransomware victim Financial Services

Stjamesplace.org

Listed by Cloak on · organisation based in United States

Stjamesplace.org

Disclosed
Aug 23, 2024
Leak-site listing date
Threat group
Cloak
134 victims listed
Country
United States
#1 most targeted
Sector
Financial Services

ThreatAI analysis

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

About the Cloak group

Cloak is a ransomware-as-a-service operation active since late 2022, primarily targeting small-to-medium enterprises in Europe — especially Germany — across manufacturing, healthcare, education, and government sectors, with expansion into North American and Asian targets by 2025. Cloak has listed 166 victims since August 2023.

Incident analysis

Stjamesplace.org was listed by Cloak ransomware, a group with 134 victims recorded in this database. The listing appeared on the group's leak site on August 23, 2024.

Stjamesplace.org is based in United States and operates in the Financial Services sector. United States ranks #1 worldwide for ransomware disclosures, with 10,159 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.

Cloak 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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 Stjamesplace.org attacked by ransomware?

Yes. Stjamesplace.org was listed as a victim of the Cloak ransomware group on August 23, 2024. The organisation is based in United States and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Stjamesplace.org?

Stjamesplace.org was attacked by Cloak ransomware. Cloak is one of the most active ransomware groups, having claimed 134 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Stjamesplace.org ransomware attack occur?

The ransomware attack on Stjamesplace.org was disclosed on August 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 Stjamesplace.org ransomware attack?

The specific data stolen from Stjamesplace.org 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, Stjamesplace.org likely held financial records, client data, and transaction histories.

How can organisations protect against Cloak attacks?

To defend against Cloak 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.