Cyber Threat Intelligence
Today In Cyber Sponsor Today In Cyber
TH
Ransomware Victim Financial Services

Third Avenue Management

Ransomware attack by Metaencryptor Β· Disclosed April 8, 2025 Β· πŸ‡ΊπŸ‡Έ United States

thirdave.com

Date Disclosed
Apr 8, 2025
2025
Threat Group
Metaencryptor
14 total victims
Country
πŸ‡ΊπŸ‡Έ United States
Industry
Financial Services

Incident Analysis

Third Avenue Management was targeted by Metaencryptor ransomware, one of the most active ransomware groups in our database with 14 confirmed victims globally. The attack was disclosed on April 8, 2025, when Third Avenue Management appeared on the group's dark web leak site.

Third Avenue Management is based in United States , operating in the Financial Services sector. United States ranks #1 globally for ransomware attacks, with 8,985 victims in our 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.

Metaencryptor typically employs a double extortion model: first exfiltrating sensitive data from the victim's systems, then deploying ransomware to encrypt files. Victims face two simultaneous threats β€” paying to restore access and paying to prevent publication of stolen data. The group's leak site publishes victim names and exfiltrated data as leverage.

Data source: This incident record is sourced from public ransomware group leak site disclosures aggregated via the ransomware.live API. Disclosure date reflects when the victim was published on the leak site, which may differ from the initial date of compromise. This platform does not publish or link to stolen data. Last data update: Aug 3, 2026 22:00 UTC.

Frequently Asked Questions

Was Third Avenue Management attacked by ransomware?

Yes. Third Avenue Management was listed as a victim of the Metaencryptor ransomware group on April 8, 2025. 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 Third Avenue Management?

Third Avenue Management was attacked by Metaencryptor ransomware. Metaencryptor is one of the most active ransomware groups, having claimed 14 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Third Avenue Management ransomware attack occur?

The ransomware attack on Third Avenue Management was disclosed on April 8, 2025. 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 Third Avenue Management ransomware attack?

The specific data stolen from Third Avenue Management 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, Third Avenue Management likely held financial records, client data, and transaction histories.

How can organisations protect against Metaencryptor attacks?

To defend against Metaencryptor 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.