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Ransomware victim disclosure

All victims

COIN Continuity Innovation

listed as coinbv.nl · Claimed by Madliberator · listed 2 years ago

23m
Age
since listed · data leaked

Status timeline

  1. ListedAug 2, 2024
  2. Data leakeddate unknown

At a glance

Status
Data leaked
Sector
Financial
Listed on leak site
Aug 2, 2024

About the victim

AI dossier — public-source company profile

COIN is a Dutch business continuity and cybersecurity firm founded in 2002, positioning itself as the market leader in the Netherlands. They provide IT continuity, disaster recovery, workplace recovery, managed SOC/SIEM services, data protection, and cyber response solutions to financial institutions, government bodies, and enterprises across multiple sectors.

Industry
Cybersecurity & Business Continuity Services
Address
Netherlands
Founded
2002

Attack summary

Severity: low — The leak post contains only publicly available marketing content from the victim's website with no evidence of sensitive data exfiltration, customer data compromise, or operational disruption. No proof files, screenshots, or proprietary data are mentioned or substantiated.

The Madliberator group claims to have compromised COIN and published data from the attack. The group post excerpts marketing language from COIN's public site without explicitly detailing what data was exfiltrated or operational impact claims.

low

Data the group says was taken

AI dossier — extracted from the leak post
  • Company marketing materials
  • Website content

What the group claims

COIN is your hands-on partner for IT Continuity, Disaster & Workplace Recovery, and Cyber Security. The fast increase of, for instance, the volume of cyber / ransomware incidents, power cuts and other disasters, is forcing organisations to closely examine their critical digital company processes, secure their data and ensure the continuous availability of quantitative and qualitative human resources, preferably redundant.Services:Cyber response, SOC and SIEM As A Service, Data protection and data management

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 Madliberator

Madliberator is a recently emerged ransomware group first observed in July 2024, operating with apparent financial motivations and demonstrating a focused targeting approach across multiple continents. Based on their targeting pattern spanning Spain, Italy, Germany, South Korea, and South Africa, the group appears to operate internationally with no clear geographic origin established by security researchers, and their operational model as either independent operators or ransomware-as-a-service remains undetermined due to limited public documentation. With only 16 documented victims since their emergence, specific details about their attack methodology, initial access vectors, encryption techniques, and whether they employ double or triple extortion tactics have not been extensively documented by major security firms or government agencies. The group has primarily targeted business services, manufacturing, financial services, and government sectors, though no specific high-profile incidents or record ransom demands have been publicly reported by CISA, FBI, or established threat intelligence providers. As of current reporting, Madliberator appears to remain active given their recent emergence and ongoing targeting activities, though comprehensive analysis remains limited due to the group's relatively small victim count and recent operational timeline. The group has been linked to 16 public disclosures across our corpus. First observed on a leak site on July 17, 2024; most recent post October 1, 2024. The operation is currently inactive.

Also tracked as: mad liberator.

Timeline of this disclosure

  • August 2, 2024coinbv.nl listed by Madliberatoron the group's public leak site

Sector and geography

This disclosure adds to ransomware activity in the Financial sector, which has 426 disclosures indexed across all operators we track. Geographically, coinbv.nl is reported in Netherlands, a country with 150 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Madliberator means coinbv.nl 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, NCSC-NL (Netherlands), as required for your jurisdiction.
  • Monitor for the data appearing on Madliberator'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.