SafePay Ransomware Group Targets Critical Infrastructure Worldwide
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- •SafePay ransomware has affected over 600 victims since August 2024.
- •The group uses a double extortion model, threatening to leak stolen data.
- •Critical vulnerabilities exploited by SafePay include CVE-2024-40766 and CVE-2024-40711.
The SafePay ransomware group has been active since August 2024, impacting over 600 victims across various sectors in North America, South America, Europe, and Australia. This group employs a double extortion model, stealing data before encrypting it and demanding ransom in cryptocurrency. Their attack methods include exploiting vulnerabilities, phishing, and credential theft. Key CVEs associated with their operations include CVE-2024-40766 and CVE-2024-40711, both categorized as critical. Organizations are urged to implement security measures such as multifactor authentication and regular system updates to mitigate risks. The FBI and CISA have issued advisories detailing the group's tactics, techniques, and procedures (TTPs). As of October 2026, SafePay remains one of the most active ransomware groups, with significant ongoing threats to critical infrastructure.
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