datacarry is a newly identified ransomware and data extortion group that emerged in May 2025, focusing on financial gain through double-extortion tactics. They exfiltrate sensitive data and threaten to release it publicly if ransom demands are not met, highlighting their organized and aggressive operational methods.
Key insights
•Employs a double-extortion model by exfiltrating sensitive data and encrypting systems.
•Primarily targets the financial sector, but also operates across other diverse sectors.
•Utilizes threats of public data release to pressure victims into compliance with ransom demands.
•Has been connected to numerous breaches targeting European financial institutions.
•Exploits vulnerabilities in third-party services for initial access.
•Rapid emergence indicates a well-coordinated operation.