Incident analysis
This entry has been removed following a request from the company was listed by Babuk2 ransomware, a group with 180 victims recorded in this database. The listing appeared on the group's leak site on March 17, 2025.
This entry has been removed following a request from the company is based in China and operates in the Technology sector. China ranks #28 worldwide for ransomware disclosures, with 126 victims in this database.
Sector context. Technology companies hold intellectual property, customer data, and source code — all highly valuable assets. A successful ransomware attack can also put downstream customers at risk through supply chain exposure.
Babuk2 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.