All news with #msp compromise tag
Wed, November 26, 2025
Qilin Ransomware Targets South Korean MSP, Hits Finance
🛡️ South Korea's financial sector was struck by a coordinated supply-chain campaign that deployed Qilin ransomware via a compromised MSP, Bitdefender reports. The operation, self-styled as 'Korean Leaks', unfolded in three publication waves in September–October 2025 and resulted in the theft of over 1 million files (about 2 TB) from 28 victims. Analysis ties the clustered intrusions to a single upstream MSP compromise and notes possible involvement by North Korean-affiliated actors alongside Qilin affiliates operating under a RaaS model.