RansomHub Disappears on April 1; Affiliates Shift to Qilin as DragonForce Takes Over
April 30, 2025
Cybercrime / Threat Intelligence
Cybersecurity experts have reported that RansomHub’s online operations unexpectedly went offline on April 1, 2025, raising alarm among its affiliates in the ransomware-as-a-service (RaaS) ecosystem. According to Singaporean cybersecurity firm Group-IB, this disruption has likely led to affiliates migrating to Qilin, with evidence showing that disclosures on its data leak site have surged since February. RansomHub, which debuted in February 2024, has reportedly compromised data from over 200 victims. It quickly eclipsed prominent RaaS groups LockBit and BlackCat, attracting affiliates like Scattered Spider and Evil Corp with enticing profit-sharing models. “After potentially acquiring the web application and source code for Knight (formerly Cyclops), RansomHub swiftly gained traction in the ransomware landscape, leveraging a feature-rich multi-platform encryptor and a robust, affiliate-friendly approach…”