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Ransomware victim Manufacturing

Xiamen Tungsten Co. (XTC)

Listed by Beast on · organisation based in China

xiamentungsten.com

Disclosed
Mar 31, 2026
Leak-site listing date
Threat group
Beast
73 victims listed
Country
China
#28 most targeted
Sector
Manufacturing

ThreatAI analysis

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

About the Beast group

Beast is a Ransomware-as-a-service (RaaS) product which provides functionality such as SMB scanning, file encryption, service and process starting and stopping, and geographic identification to avoid encryption in CIS countries. Beast has listed 73 victims since December 2023.

Incident analysis

Xiamen Tungsten Co. (XTC) was listed by Beast ransomware, a group with 73 victims recorded in this database. The listing appeared on the group's leak site on March 31, 2026.

Xiamen Tungsten Co. (XTC) is based in China and operates in the Manufacturing sector. China ranks #28 worldwide for ransomware disclosures, with 126 victims in this database.

Sector context. Manufacturing companies are frequently targeted because production downtime directly translates to financial loss. Ransomware operators exploit this time-sensitivity to demand higher ransoms and faster payment.

Beast 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files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished.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 Xiamen Tungsten Co. (XTC) attacked by ransomware?

Yes. Xiamen Tungsten Co. (XTC) was listed as a victim of the Beast ransomware group on March 31, 2026. The organisation is based in China and operates in the Manufacturing sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Xiamen Tungsten Co. (XTC)?

Xiamen Tungsten Co. (XTC) was attacked by Beast ransomware. Beast is one of the most active ransomware groups, having claimed 73 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Xiamen Tungsten Co. (XTC) ransomware attack occur?

The ransomware attack on Xiamen Tungsten Co. (XTC) was disclosed on March 31, 2026. 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 Xiamen Tungsten Co. (XTC) ransomware attack?

The specific data stolen from Xiamen Tungsten Co. (XTC) 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 Manufacturing organisation, Xiamen Tungsten Co. (XTC) likely held sensitive business data, client information, and operational records.

How can organisations protect against Beast attacks?

To defend against Beast 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.