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FortiBleed Credential Theft Linked to INC and Lynx Ransomware Operations

The recently discovered financially-motivated FortiBleed campaign has been attributed to INC and Lynx ransomware operations, indicating that the verified, stolen credentials were intended for follow-on intrusions. "An operator tied to FortiBleed's infrastructure was found actively working negotiation panels for both groups, tying mass FortiGate credential theft directly to ransomware deployment for the first time," SOCRadar said in a new report published Wednesday. The company said it tracked scanning activity against approximately 11,250 FortiGate portals in more than 150 countries, followed by confirmed admin-level access on 409 targets and successful completion of the full attack chain on 354 of them. In all, at least 12 ransomware deployments have resulted from this access, causing…

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Source
thehackernews.com
Published
Jul 2, 2026
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language: en
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