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Ransomware victim disclosure

All victims

iptime.com

Claimed by Funksec · listed 1 year ago

17m
Age
since listed · data leaked

Status timeline

  1. ListedJan 22, 2025
  2. Data leakeddate unknown

At a glance

Group
Funksec
Status
Data leaked
Listed on leak site
Jan 22, 2025

About the victim

AI dossier — public-source company profile

iptime.com is a South Korean company specializing in networking hardware and internet solutions. They manufacture and supply modems, routers, access points, network storage devices, network cameras, and wireless connectivity products for both commercial and domestic markets.

Industry
Networking Hardware & Internet Solutions

Attack summary

Severity: low — No proof files, data inventory, or operational impact is documented in the post. The announcement lacks substantive evidence of exfiltration or encryption.

The funksec group claims to have compromised iptime.com but the leak post provides no specific details about what data was exfiltrated or whether encryption was deployed.

low

Original description

AI-summarised, not from the leak post

Iptime.com is a Korean-based company specializing in Internet solutions. It is a renowned brand primarily known for manufacturing and supplying networking hardware products like modems, routers, and access points to both commercial and domestic markets. Its offerings also include network storage devices, network cameras, and wireless connectivity products to enhance internet connectivity and security.

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 funksec

Funksec is a recently emerged ransomware group first observed in December 2024, operating with apparent financial motivations based on their targeting patterns and victim acquisition approach. The group's origin and potential state affiliations remain unclear due to their recent emergence, though they appear to operate independently rather than as a Ransomware-as-a-Service model based on available intelligence. With 172 documented victims across multiple countries, Funksec has demonstrated a broad targeting approach, primarily focusing on the United States, India, Brazil, Spain, and Israel, with particular emphasis on technology companies, government entities, educational institutions, and business services organizations. The group's attack methodology, encryption techniques, and specific tactics, techniques, and procedures remain largely undocumented by major threat intelligence firms, though their rapid victim acquisition suggests an established operational capability. Given the group's recent discovery in December 2024, there have been no widely reported major campaigns or high-profile incidents that have drawn significant public attention from law enforcement or cybersecurity organizations. Funksec remains active as of early 2025, continuing to target organizations across their established geographic and sectoral preferences. The group has been linked to 172 public disclosures across our corpus. First observed on a leak site on December 4, 2024; most recent post March 18, 2025. The operation is currently inactive.

Timeline of this disclosure

  • January 22, 2025iptime.com listed by funksecon the group's public leak site

Sector and geography

This disclosure adds to ransomware activity in the Technology sector, which has 3,549 disclosures indexed across all operators we track. Geographically, iptime.com is reported in South Korea, a country with 48 ransomware disclosures in our corpus.

If your organisation is affected

A listing by funksec means iptime.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, KrCERT/CC (South Korea), as required for your jurisdiction.
  • Monitor for the data appearing on funksec'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.