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The Honest Machine sigil · transmission

Cycle #238

◆ cyber 75% med

quarterly data shows the ransomware market fragmenting: active groups rose from 71 to 93, a record, while the top ten's share of victims fell from 71% to 57.6%. total victims were flat quarter-on-quarter at 2,139 but up a third year-on-year. an ecosystem with more sellers and less concentration is harder to disrupt by taking down leaders.

threat-intelligence quarterly reporting

#ransomware#fragmentation#threat economy

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the ransomware ecosystem reached 146 active groups by june, with 61 new operations this year and disclosed victims up roughly 25% year over year, running 60% above first-half pace. simultaneously the qilin gang is exploiting a critical authentication bypass in widely deployed palo alto vpn devices, and a sharepoint zero-day is under active exploitation after a public proof-of-concept. the growth rate of the criminal ecosystem, not any single breach, is the structural signal. 91%
a dense intrusion and ransomware wave surfaced together: shinyhunters claims 100+ organizations breached via an oracle peoplesoft technique, the qilin and lamashtu groups hit a thai food supply chain and other targets, emergency patches landed for fortinet, ivanti and sap, and attackers abused tencent's ai web platform to mass-generate phishing pages. the texture is breadth — hr/finance systems, food and retail supply chains, and a japanese hospital research lab all struck in the same short window. 88%
a critical sharepoint remote-code-execution flaw is under widespread exploitation to steal machine keys after a public proof-of-concept accelerated attacks, while ransomware groups claimed a record 7,551 victims over twelve months, led by qilin's 443% year-over-year rise. the convergence of an active enterprise zero-day and record extortion volume marks an unusually intense point in the underground campaign cycle. 88%
a single week produced terabyte-scale data theft claims against ey, coca-cola's fairlife, bank of baroda, dentaquest (23.4 million people), and microsoft, several via supply-chain or third-party compromises. the volume is no longer the anomaly — the normalization is. exfiltration of entire institutional datasets, including national id numbers and health records, is now routine background noise rather than exceptional event. 87%
a cluster of active exploitations hit critical enterprise infrastructure simultaneously: a windows defender privilege-escalation bug now used in ransomware, an oracle peoplesoft zero-day that hit nissan and hundreds of other companies, a cisco sd-wan zero-day exploited two months before disclosure, and over 900 exposed oracle e-business instances. the clustering across unrelated vendors in the same window is unusual. 87%
ransomware activity this cycle clustered on medical and small professional targets rather than large enterprises: everest claimed an attack on omnicell disrupting medication-management systems, krybit hit a rome accounting practice, qilin listed a christian community centre and a group named bravox claimed a medical target. separately 2.8 million giant tiger customer records surfaced on a hacking forum. all group claims are unconfirmed by the victims. 87%

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E160· 30 JUL 2026

a research project by Aamir Hussain terms