Ragnar Locker ransomware group lists Announcement: Stratesys solutions going to be leaked on its leak site

• Ransomware group: Ragnar Locker
• Country: Portugal
• Sector: Technology
• Announcement date: September 21, 2023

Ragnar Locker claims compromise of Stratesys data

The Ragnar Locker ransomware group has published a leak announcement on its platform, claiming to have compromised data belonging to Stratesys. The announcement, which was posted on September 21, 2023, indicates that the threat actors claim to have achieved unauthorized access to the organization's internal systems.

According to the claims made by the ransomware group, they identified a vulnerability within the security perimeter of Stratesys. By exploiting this weakness, the attackers assert they were able to gain unauthorized access to the company's internal data. The threat actors further stated that they attempted to notify the management of Stratesys regarding the breach; however, they claim they did not receive any response from the organization. Consequently, the group has announced that if their demands are not met, all allegedly compromised files will be published on their leak site.

Details regarding the alleged data breach

At this stage of the incident, the specific details regarding the content of the compromised data have not been provided by the threat actors. The announcement is limited to the claim that the systems were breached and that internal data was accessed. No specific information has been released concerning the volume of data or the specific file types involved in the alleged theft.

• No specific data types were named in the listing.

In many modern ransomware campaigns, threat actors employ a tactic known as double extortion. This method involves not only encrypting an organization's systems to disrupt operations but also exfiltrating sensitive data prior to the encryption process. The threat of leaking this stolen information on a public leak site serves as additional leverage to pressure the victim into paying a ransom. This approach increases the pressure on the target, as the risk shifts from simple operational downtime to the public exposure of proprietary or sensitive information.

About Stratesys

Stratesys is an international technology and consulting firm based in Spain, specializing in SAP technologies and digital transformation solutions. The company provides a wide range of services in enterprise software integration, cloud computing, and digital strategy. While the organization is based in Spain, the incident is being analyzed in the context of its international operations and its presence in the technology sector.

Risk assessment and implications

This incident may pose a significant risk to data privacy due to the potential exposure of internal information. As the company is based in Portugal, a potential data breach could trigger legal sanctions and notification requirements under the General Data Protection Regulation (GDPR). The legal complexities of such incidents often require organizations to conduct thorough forensic investigations to determine the scope of the breach and fulfill regulatory obligations regarding data subject notification.

Given that Ragnar Locker is known for stealing data before encryption and using leak threats for extortion, the organization may face secondary risks, particularly targeted phishing attacks. When internal data is leaked, attackers often use the stolen information to craft highly convincing social engineering campaigns. Furthermore, considering that Stratesys provides technology services, this situation could also present risks to supply chain security. Organizations in the technology and consulting sector are often viewed as high-value targets because a compromise in their environment could potentially impact their clients or the software ecosystems they manage.

To mitigate such risks, organizations typically focus on strengthening their security perimeter and implementing robust monitoring to detect unauthorized access early. Defensive strategies often include multi-factor authentication, regular vulnerability assessments, and comprehensive data encryption policies to protect sensitive information even if a perimeter breach occurs. Public information regarding the Ragnar Locker group remains limited, making it difficult to attribute specific tactics or long-term motivations beyond their established extortion patterns.