Incident analysis
Triathlon.group was listed by Underground ransomware, a group with 26 victims recorded in this database. The listing appeared on the group's leak site on May 1, 2024.
Triathlon.group is based in Germany and operates in the Transportation/Logistics sector. Germany ranks #2 worldwide for ransomware disclosures, with 1,006 victims in this database.
Sector context. Logistics companies are targeted because supply chain disruption has cascading effects on customers and partners, amplifying pressure to pay ransoms quickly to restore operations.
Underground 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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.