Fashion company ZIGI NY allegedly leaked by Ragnar Locker

• Ransomware group: Ragnar Locker
• Country: United States
• Sector: Retail & E-Commerce
• Announcement date: October 13, 2022

Ragnar Locker claims to have leaked data from ZIGI NY

The ransomware group known as Ragnar Locker has published a significant amount of data on its leak site that allegedly belongs to the fashion company ZIGI NY. According to the announcement made on October 13, 2022, the group claims to have exfiltrated 26.7 GB of data from the organization. This incident follows the group's established pattern of targeting entities and threatening the release of stolen information to exert pressure on the victim.

Ragnar Locker is recognized for employing a double extortion tactic. In such attacks, threat actors do not merely encrypt an organization's systems to disrupt operations; they also steal sensitive information beforehand. This allows them to threaten the public disclosure of the stolen data if a ransom is not paid, creating a secondary layer of leverage against the target. While the group's leak site was reportedly seized in an international operation in 2023, this specific incident highlights the risks associated with their methodology.

The group's claims regarding the breach

The threat actor behind the Ragnar Locker group has stated that the publication of this data was a direct consequence of the institution's failure to address existing security vulnerabilities. By claiming that the organization left doors open for exploitation, the group attempts to justify their extortion attempts. The listing appeared on the group's leak site on October 13, 2022, the same date the attack was reportedly claimed.

In these types of cyberattacks, the motivation is typically financial. By holding sensitive corporate and personal information hostage, the attackers aim to create a situation where the cost of a ransom is perceived to be lower than the cost of the reputational and legal fallout resulting from a public data leak. The group's ability to exfiltrate large volumes of data before encryption makes them a persistent threat to various sectors.

Details of the allegedly stolen data

The data allegedly exfiltrated by Ragnar Locker is substantial in size, totaling 26.7 GB. Based on the information provided by the group, the leaked content includes a wide variety of sensitive documents and records. The screenshots provided by the attackers suggest that the breach encompasses several critical business functions and administrative files. The specific types of data identified in the listing include:

• Financial data
• Customs and tax documents
• Supplier contact information
• Legal contracts

The presence of such diverse documentation indicates a deep penetration into the organization's digital environment, touching upon logistics, finance, and legal departments.

About ZIGI NY

ZIGI NY is a footwear and fashion retailer based in New York. The company specializes in a variety of footwear styles and fashion accessories.

Impact and organizational risks

The alleged leak of this data carries significant implications for ZIGI NY. The stolen information may contain highly sensitive details regarding the institution's operational processes and its various commercial relationships. Such a disclosure can lead to the exposure of trade secrets, potentially damaging the company's competitive advantage in the retail market.

Furthermore, the nature of the leaked documents—such as supplier contact information and shipping instructions—increases the risk of targeted phishing attacks. Supply chain partners may become targets of social engineering attempts as attackers use the stolen details to impersonate legitimate business contacts. Additionally, because ZIGI NY is a US-based entity, the breach may trigger legal obligations and data privacy requirements under relevant state laws and federal regulations.

The use of double extortion by Ragnar Locker is specifically designed to maximize pressure on the organization. This method can lead to identity theft if personal data is misused and can cause lasting reputational damage. To defend against such threats, organizations in the retail and e-commerce sectors often implement multi-layered security strategies. These include robust patch management to close vulnerabilities, strict access controls to limit data movement, and comprehensive monitoring to detect unauthorized exfiltration attempts. Addressing these risks is essential to maintain trust with customers and partners alike.