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Ransomware victim disclosure

All victims

Shengyu Steel

listed as shengyusteel.com · Claimed by Underground · listed 1 year ago

353.9 GB
Data size
$431.6M
Ransom
demanded
15m
Age
since listed · data leaked

Status timeline

  1. ListedApr 16, 2025
  2. Data leakeddate unknown

At a glance

Status
Data leaked
Country
Taiwan
Listed on leak site
Apr 16, 2025
Data size
353.9 GB
Ransom demanded
$431.6M
Estimated revenue
$431.6M

About the victim

AI dossier — public-source company profile

Shengyu Steel is a manufacturing company operating in Taiwan's steel sector. The company operates under the domain shengyusteel.com.

Industry
Steel Manufacturing

Attack summary

Severity: high — Large-scale data exfiltration (353.9 GB) from a significant manufacturing operation ($431.6M revenue) with confirmed publication of stolen data. The absence of specific data type details prevents assessment as critical, but the volume and business scale justify high severity.

The Underground group claims to have exfiltrated 353.9 GB of data from Shengyu Steel. The group's post references the company's $431.6 million revenue but does not explicitly detail what data categories were stolen or confirm operational encryption.

high

Data the group says was taken

AI dossier — extracted from the leak post
  • business records
  • operational data

What the group claims

Revenue: $431.6 million Type: Manufacturing Size: 353,9 GBytes

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 Underground

Underground is a relatively new ransomware group that emerged in May 2024, primarily motivated by financial gain through extortion operations targeting organizations across multiple sectors. The group's origin and affiliations remain largely undocumented in public threat intelligence reporting, with no confirmed details about their country of origin or whether they operate as an independent entity or through a Ransomware-as-a-Service model. Based on the limited public information available, Underground has demonstrated a preference for targeting technology, healthcare, business services, manufacturing, and agriculture sectors, with their attacks concentrated primarily in the United States, Canada, South Korea, Germany, and Taiwan. The group's specific attack methodologies, initial access vectors, and technical capabilities have not been extensively documented in publicly available threat intelligence reports from major security firms or government agencies. With only 26 known victims since their emergence in May 2024, Underground represents a smaller-scale operation compared to established ransomware groups, though their cross-sector targeting approach indicates opportunistic victim selection rather than specialized industry focus. Given the recent emergence of this group and limited public reporting, Underground appears to remain active but operates at a relatively low profile compared to more established ransomware families. The group has been linked to 26 public disclosures across our corpus. First observed on a leak site on May 1, 2024; most recent post August 15, 2025. The operation is currently inactive.

Timeline of this disclosure

  • April 16, 2025shengyusteel.com listed by Undergroundon the group's public leak site
Data size
353.9 GB
Ransom demanded
$431.6M

Sector and geography

This disclosure adds to ransomware activity in the Manufacturing sector, which has 3,681 disclosures indexed across all operators we track. Geographically, shengyusteel.com is reported in Taiwan, a country with 71 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Underground means shengyusteel.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.
  • Monitor for the data appearing on Underground'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.