Was Precision Steel Services hit by ransomware?

Precision Steel Services was listed by the Spacebears ransomware operation (India), 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 Spacebears ransomware group?

Spacebears 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 Precision Steel Services breach?

Spacebears published data attributed to Precision Steel Services (~150 GB). Darkfield captured the leak post and a screenshot of the listing.

Ransomware victim disclosure

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Precision Steel Services

Claimed by Spacebears · listed 2 years ago

150 GB

Data size

21m

Age

since listed · data leaked

Status timeline

ListedOct 22, 2024
Data leakeddate unknown

At a glance

Group: Spacebears
Status: Data leaked
Country: India
Sector: Manufacturing
Listed on leak site: Oct 22, 2024
Data size: 150 GB

About the victim

AI dossier — public-source company profile

Precision Steel Services is a steel supplier and processor founded in 1974, specializing in carbon plate, bar, and tool steel products with value-added services including cutting, grinding, and sawing. They operate a fleet of trucks serving Ohio, Indiana, Michigan, and Ontario, with a customer base spanning aerospace, manufacturing, and machine building sectors.

Industry: Steel Distribution & Processing
Founded: 1974

Attack summary

Severity: high — Confirmed exfiltration of 150 GB including customer and employee personal information, financial/accounting data, and business-critical customer databases. Significant scale and sensitivity of PII combined with commercial data exposure.

Spacebears claims to have exfiltrated 150 GB of data from Precision Steel Services, with 10 GB already uploaded as proof. The group states possession of financial documents, accounting records, customer databases, employee and client personal information, and technical drawings.

high

Data the group says was taken

AI dossier — extracted from the leak post

financial documents
accounting reports
backup data
customer database
employee personal information
client personal information
technical drawings

What the group claims

!!! The total volume of documents is 150GB, with 10GB uploaded. We will send the remaining documents upon request. !!!Precision Steel Services provides our customers quality steel products MANUFACTURED IN THE USA.We specialize in carbon plate and bar as well as tool steel products. Our company offers many popular value-added services including plasma and oxy-propylene cutting, sawing, rotary and surface grinding and many more.All our products are delivered on our own fleet of trucks, throughout the states of Ohio, Indiana, Michigan and Ontario. We also work with a great team of outside carriers to ship product all over the country.Since 1974, we have not only been a trusted steel supplier, but a partner with a variety of industries by providing quality processed products quickly – saving our customers both time and money.• Financial document, accounting reports, backup, customer database, personal information of employees and clients, drawings. https://www.precision-steel.com

Sources

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 Spacebears

Spacebears is a recently emerged ransomware group first observed in April 2024, operating with apparent financial motivations and demonstrating a broad targeting approach across multiple sectors and geographic regions. The group's origin and potential affiliations remain unclear due to limited public documentation from established threat intelligence sources, though their targeting pattern suggests a professional operation focused on maximizing financial returns rather than geopolitical objectives. With 117 known victims since their emergence, Spacebears has shown particular focus on organizations in the United States, Germany, Spain, Italy, and Canada, with their attacks primarily affecting technology, healthcare, manufacturing, and business services sectors, indicating they likely employ opportunistic targeting rather than sector-specific specialization. Their attack methodology, initial access vectors, and specific technical capabilities have not been extensively documented in public reporting from major cybersecurity firms or law enforcement agencies, limiting detailed analysis of their operational procedures and tools. Due to the group's recent emergence and limited public intelligence reporting, notable high-profile campaigns and specific victim details remain largely undocumented in established threat intelligence channels. The group's current operational status appears active given their recent emergence timeline, though comprehensive analysis is constrained by the lack of detailed public reporting from authoritative cybersecurity sources. The group has been linked to 185 public disclosures across our corpus. First observed on a leak site on April 29, 2024; most recent post July 13, 2026. The operation is currently active.

Also tracked as: space bears.

Timeline of this disclosure

October 22, 2024Precision Steel Services listed by Spacebearson the group's public leak site

Data size: 150 GB

Other recent disclosures by Spacebears

Spacebears has been linked to 185 public victims on Darkfield. A sample of the most recent:

See the full Spacebears dossier →

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, Precision Steel Services is reported in India, a country with 381 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Spacebears means Precision Steel Services 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-In (India), as required for your jurisdiction.
Monitor for the data appearing on Spacebears'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.