Crypto24 is a double-extortion ransomware-as-a-service group operating on the RAMP forum since mid-2024.
Analyst brief
Crypto24 is a double-extortion ransomware-as-a-service group that surfaced on the RAMP forum in mid-2024. It targets large organizations primarily in financial services, healthcare, manufacturing, and technology sectors across Asia, Europe, and North America, with a notable victim being Vietnam's second-largest ICT conglomerate, CMC Group. The group relies on data exfiltration and encryption TTPs typical of double-extortion operations, though specific tools are not detailed in the provided information. Defenders should monitor for RAMP forum activity, reinforce backup strategies against double-extortion, and track cross-sector targeting patterns aligned with this group's focus.
crypto24
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Crypto24 is a double-extortion ransomware-as-a-service group that surfaced on the RAMP forum in mid-2024, targeting large organizations in financial services, healthcare, manufacturing, and technology across Asia, Europe, and North America, with notable victims including CMC Group, Vietnam's second-largest ICT conglomerate.