ZB Financial Holdings Hacked For Ransom. Customer & Operations Data Leaked To The Internet

ZB Financial Holdings, one of the largest financial institutions in Zimbabwe, was attacked by a ransomware gang in July, and had its data leaked to the internet.

From what we understand, the attackers stole files, demanded a ransom to not release them, and when ZB refused, leaked the data on the dark web. It is also possible that the hackers encrypted the ZB’s files to prevent them from accessing the files as part of the attack.

The attack was picked up by cyber security monitoring firms and published on their social media handles. One of these firms said in a post on X that ZB was part of 6 companies hacked for ransomware by the attackers, include a company in South Africa and others in Europe:

We have identified and begun monitoring a new ransomware group named “Mad Liberator”. They have listed 6 victims to their darkweb portal

– ZB Financial Holdings