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Ransomware victim disclosure

All victims

Associated Asset Management (AAM)

listed as associatedasset.com · Claimed by Cactus · listed 1 year ago

$288M
Ransom
demanded
16m
Age
since listed · data leaked

Status timeline

  1. ListedFeb 24, 2025
  2. Data leakeddate unknown

At a glance

Group
Cactus
Status
Data leaked
Listed on leak site
Feb 24, 2025
Ransom demanded
$288M
Estimated revenue
$288M

About the victim

AI dossier — public-source company profile

Founded in 1990, Associated Asset Management (AAM) is a community management company serving over 1,000 community associations nationwide. Based in Tempe, Arizona, AAM provides administrative and management support services to residential and commercial associations.

Industry
Community Association Management
Address
1600 W Broadway Rd Ste 200, Tempe, Arizona 85282, United States
Founded
1990

Attack summary

Severity: critical — Confirmed exfiltration and publication of sensitive PII (passports, tax documents), personal information of executives, and regulated financial data. Large-scale breach affecting a major service provider to 1,000+ associations, with significant regulatory and personal privacy implications.

Cactus claims to have exfiltrated personal identifiable information, executive personal documents, corporate OneDrive data, financial records, corporate correspondence, and contracts/agreements/NDAs. The group published proof files including passports, W9 forms, settlement agreements, and financial packages.

critical

Data the group says was taken

AI dossier — extracted from the leak post
  • Personal identifiable information (PII)
  • Executive personal documents
  • Passports
  • W9 tax forms
  • Corporate OneDrive contents
  • Financial data and statements
  • Corporate correspondence
  • Settlement agreements
  • Contracts and NDAs

The group's post references roughly 5 proof files.

What the group claims

<p>Business Services.<br><br>“Founded in 1990, AAM has become a trusted household name in community management. So, what sets AAM apart as the premier partner to over 1,000 community associations nationwide? It’s simple. We love what we do and are flexible, adaptable, and willing to work with our Boards to build a detailed support system.”<br><br>Website: <a href="https://www.associatedasset.com/">https://www.associatedasset.com/</a><br><br>Revenue : $288M<br><br>Address: 1600 W Broadway Rd Ste 200, Tempe, Arizona, 85282, United States<br><br>Phone Number: (602) 957-9191<br><br><mark class="marker-yellow"><strong>Download link #1:</strong></mark> <a href="https://6wuivqgrv2g7brcwhjw5co3vligiqowpumzkcyebku7i2busrvlxnzid.onion/ASSOCIATEDASSET/PROOF/">https://6wuivqgrv2g7brcwhjw5co3vligiqowpumzkcyebku7i2busrvlxnzid.onion/ASSOCIATEDASSET/PROOF/</a><br><br><mark class="marker-yellow"><strong>Mirror:</strong></mark> <a href="https://cactus5dqnqkppa5ayckiyk6dttpqwczdqphv5mxh4dkk5ct544q5aad.onion/ASSOCIATEDASSET/PROOF/">https://cactus5dqnqkppa5ayckiyk6dttpqwczdqphv5mxh4dkk5ct544q5aad.onion/ASSOCIATEDASSET/PROOF/</a><br><br><mark class="marker-yellow"><strong>DATA DESCRIPTIONS:</strong></mark> Personal identifiable information, executives personal docs, corporate OneDrive, financial data, corp correspondence, agreements\NDAs\contracts, etc.</p><p><img src="/uploads/Amanda_Frances_Shaw_Passport_NMLS_2024_cdf461e93c.png" alt="Amanda Frances Shaw Passport NMLS 2024.png"><img src="/uploads/Amanda_F_Shaw_W9_05a6adab3e.png" alt="Amanda F. Shaw W9.png"><img src="/uploads/AAM_Indiana_LLC_IRS_Form_W9_11_24_2021_58be73f250.png" alt="AAM Indiana, LLC.IRS Form W9.11-24-2021.png"><img src="/uploads/Northampton_v_AAM_Confidential_Settlement_Agreement_and_Release_1_1_0696d757ca.png" alt="Northampton v. AAM - Confidential Settlement Agreement and Release (1) (1).png"><img src="/uploads/1_AAM_LLC_Financial_Package_12_2023_Rev_627104c998.png" alt="1-AAM, LLC Financial Package 12-2023 Rev.png"

Sources

Source

Indexed 1 year ago

This page surfaces a public ransomware disclosure indexed by Darkfield. Original posts come from the operator's own leak site; we cross-check against ransomware.live, RansomLook and RansomWatch where applicable. Share this URL freely.

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Disclosure context

About Cactus

**Overview:** Cactus is a ransomware group that emerged in July 2023, primarily motivated by financial gain through double extortion tactics targeting organizations across multiple sectors. The group has demonstrated rapid expansion, compromising 552 known victims within its first year of operation. **Origin & Affiliation:** Limited public information exists regarding Cactus's country of origin or specific affiliations with other ransomware groups, though their targeting patterns and operational methods suggest they operate as an independent entity rather than a Ransomware-as-a-Service model. **Attack Methodology:** Cactus ransomware operators employ double extortion tactics, stealing sensitive data before encrypting victim systems and threatening to leak the information if ransom demands are not met. The group appears to focus on gaining initial access through common vectors such as compromised credentials and vulnerable internet-facing applications, followed by lateral movement and data exfiltration prior to deployment of their encryption payload. **Notable Campaigns:** While specific high-profile incidents have not been extensively documented by major security agencies, the group's victim count of 552 organizations within approximately one year indicates sustained and aggressive targeting campaigns across North America and Europe. Their focus on manufacturing and business services sectors suggests deliberate targeting of organizations likely to pay ransoms due to operational dependencies. **Current Status:** Cactus remains an active ransomware threat as of late 2024, continuing to target organizations primarily in the United States, Canada, and European countries with no reported law enforcement disruptions or confirmed dissolution of their operations. The group has been linked to 552 public disclosures across our corpus. First observed on a leak site on July 20, 2023; most recent post March 21, 2025. The operation is currently inactive.

Timeline of this disclosure

  • February 24, 2025associatedasset.com listed by Cactuson the group's public leak site
Ransom demanded
$288M

Sector and geography

This disclosure adds to ransomware activity in the Financial Services sector, which has 1,184 disclosures indexed across all operators we track. Geographically, associatedasset.com is reported in United States, a country with 11,033 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Cactus means associatedasset.com appeared on a ransomware extortion site and data attributed to it has been published. If this is your organisation, or a supplier you depend on, the priority is to confirm the intrusion and contain it before the window to act closes.

  • Engage your incident-response team and preserve forensic evidence before remediating — do not wipe affected systems first.
  • Force a password reset and revoke active sessions for exposed accounts; rotate any credentials, API keys or certificates that may have been in the stolen data.
  • Assess regulatory notification duties (GDPR, NIS2, sector regulators) — many carry a 72-hour reporting clock from awareness.
  • Report the incident to your national CERT, CISA (United States), as required for your jurisdiction.
  • Monitor for the data appearing on Cactus's leak site and across paste and breach channels, and brief downstream partners who may be exposed through you.

How we know this. Darkfield monitors public ransomware leak sites continuously, archiving every new disclosure and the data later released against the victim. Each entry on this page is sourced from the operator's own publication and cross-checked against complementary OSINT feeds (RansomLook, ransomware.live, RansomWatch). We do not collect or host stolen data — only the metadata, timestamps and screenshots needed to make the public disclosure searchable and accountable. Records here are corrected when the original post is edited, retracted, or merged with another disclosure.