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Andrew Davidson & Co., Inc.

Claimed by Frag · listed 1 year ago

15m
Age
since listed · data leaked

Status timeline

  1. ListedMar 24, 2025
  2. Data leakeddate unknown

At a glance

Group
Frag
Status
Data leaked
Country
United States
Sector
Financial Services
Listed on leak site
Mar 24, 2025

About the victim

AI dossier — public-source company profile

Andrew Davidson & Co., Inc. is a leading provider of risk analytics, modeling, and consulting services to the mortgage-backed securities (MBS) and asset-backed securities (ABS) industry. The firm serves banking, broker-dealer, insurance, and investment management clients with proprietary tools for mortgage analysis, prepayment modeling, and credit risk assessment.

Industry
Financial Services – Mortgage Analytics & Risk Consulting

Attack summary

Severity: high — Confirmed exfiltration of PII (customer and employee contact details), business-sensitive financial statements, and insurance documentation from a financial services firm serving institutional clients. No ransom demand stated but data published.

The frag ransomware group claims to have extracted contact details of customers and employees, financial statements, and insurance certificates from Andrew Davidson & Co., Inc. The group has published data but did not disclose a ransom demand.

high

Data the group says was taken

AI dossier — extracted from the leak post
  • customer contact details
  • employee contact details
  • financial statements
  • insurance certificates

What the group claims

Financial Services Andrew Davidson & Co., Inc. is a leading provider of risk analytics and consulting to the mortgage-backed securities (MBS) and asset-backed securities (ABS) industry. Our team was successful in extracting the following documents: Contact details of customers and employees Financial statements of the company Insurance certificates

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 frag

The frag ransomware group is a newly emerged threat actor that began operations in March 2025, appearing to be financially motivated based on their targeting patterns across multiple countries and sectors. Given their recent emergence and limited public documentation, the group's specific country of origin and operational structure remain unclear, though their geographic targeting suggests potential international reach or ransomware-as-a-service capabilities. With only basic operational details available from initial observations, the group's specific attack methodology, encryption techniques, and data exfiltration practices have not yet been thoroughly documented by major security research organizations. The group has claimed approximately 30 victims across the United States, United Kingdom, Singapore, Spain, and the Netherlands, primarily targeting business services, financial services, construction, and manufacturing sectors, though no major high-profile attacks or significant ransoms have been publicly reported. As of the available intelligence, frag remains an active but relatively small-scale ransomware operation with limited public research coverage from established threat intelligence sources. The group has been linked to 30 public disclosures across our corpus. First observed on a leak site on March 24, 2025; most recent post June 12, 2025. The operation is currently inactive.

Timeline of this disclosure

  • March 24, 2025Andrew Davidson & Co., Inc. listed by fragon the group's public leak site

Other recent disclosures by frag

frag has been linked to 30 public victims on Darkfield. A sample of the most recent:

See the full frag dossier →

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, Andrew Davidson & Co., Inc. is reported in United States, a country with 11,033 ransomware disclosures in our corpus.

If your organisation is affected

A listing by frag means Andrew Davidson & Co., Inc. 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 frag'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.