Was The PHOENIX hit by ransomware?

The PHOENIX was listed by the Eldorado ransomware operation (Germany), and stolen data was published on the group's leak site. Darkfield tracks this disclosure with the original leak post, screenshot and group context.

Who is the Eldorado ransomware group?

Eldorado is a ransomware operator tracked by Darkfield. See the full operator dossier for its known victims, sectors targeted, IOCs and leak-site infrastructure.

What data was leaked in the The PHOENIX breach?

Eldorado published data attributed to The PHOENIX. Darkfield captured the leak post and a screenshot of the listing.

Ransomware victim disclosure

← All victims

The Phoenix Company, Inc.

listed as The PHOENIX · Claimed by Eldorado · listed 2 years ago

$3.8M

Ransom

demanded

20m

Age

since listed · data leaked

Status timeline

ListedNov 18, 2024
Data leakeddate unknown

At a glance

Group: Eldorado
Status: Data leaked
Country: Germany
Listed on leak site: Nov 18, 2024
Ransom demanded: $3.8M
Estimated revenue: $3.8M

About the victim

AI dossier — public-source company profile

The Phoenix Company is a software solutions provider with over 20 years of experience delivering the Monet suite—a comprehensive platform for financial management, human resources, payroll, asset management, and citizen services. They serve government institutions and private organizations across Latin America, with particular focus on municipal and public-sector clients.

Industry: Government & Enterprise Software Solutions

Attack summary

Severity: high — Confirmed data exfiltration claim with significant ransom demand ($3.8M); target is a government software provider whose breach could affect municipal services and public-sector clients across multiple jurisdictions. Sensitivity of government/municipal data elevates risk despite no specific data categories confirmed.

Eldorado ransomware group claims to have compromised The Phoenix Company and exfiltrated data. The group advertises the attack with a ransom demand of $3.8M and claims the company has 15+ years in operation serving government and private institutions.

high

Data the group says was taken

AI dossier — extracted from the leak post

Company financial records
Client information
Municipal/government data
Software development assets

What the group claims

a company with more than 15 years in the market, providing innovative solutions to government and private institutions. Revenue $3.8 M

Sources

Victim sitephxcmp.com

Source

Indexed 2 years 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 Eldorado

Eldorado is a recently emerged ransomware group first observed in June 2024, operating with apparent financial motivations and demonstrating a relatively broad targeting approach across multiple countries and industry sectors. The group's origin and affiliations remain largely undocumented in public threat intelligence reporting, with no confirmed links to state actors or established ransomware families, though their operational patterns suggest they likely operate as an independent entity rather than a formal RaaS model. Specific technical details regarding Eldorado's initial access vectors, encryption methods, and data exfiltration capabilities have not been extensively documented in public security research, though their targeting of over 112 victims across diverse sectors including business services, technology, manufacturing, and financial services suggests they employ opportunistic attack methodologies rather than highly specialized techniques. The group has demonstrated a geographic focus primarily on the United States and Canada, with additional activity observed in Italy, UAE, and Croatia, though no specific high-profile campaigns or major ransomware incidents have been publicly attributed to this group by federal agencies or major security firms. As of current reporting, Eldorado appears to remain active with no documented law enforcement disruptions or confirmed rebranding activities, though the limited public visibility of their operations suggests they may be a smaller-scale operation compared to established ransomware families. The group has been linked to 112 public disclosures across our corpus. First observed on a leak site on June 6, 2024; most recent post January 22, 2025. The operation is currently inactive.

Also tracked as: el dorado.

Timeline of this disclosure

November 18, 2024The PHOENIX listed by Eldoradoon the group's public leak site

Ransom demanded: $3.8M

Other recent disclosures by Eldorado

Eldorado has been linked to 112 public victims on Darkfield. A sample of the most recent:

See the full Eldorado dossier →

Sector and geography

Geographically, The PHOENIX is reported in Germany, a country with 926 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Eldorado means The PHOENIX 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, CERT-Bund (Germany), as required for your jurisdiction.
Monitor for the data appearing on Eldorado'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.