dragonforce
Intelligence Profile
DragonForce is a major ransomware-as-a-service operation first observed in August 2023 that launched a formal affiliate program offering 80% revenue share, then rebranded as a "ransomware cartel" in 2025, gaining notoriety for high-profile attacks on UK retailers Marks & Spencer, Co-op, and Harrods.
Threat Analysis
dragonforce is a ransomware operation that deploys encryption-based extortion against organizations globally. This group maintains a data leak site (DLS) to pressure victims into paying ransom demands.
Financially motivated threat actors like dragonforce prioritize monetary gain through methods such as ransomware deployment, banking trojans, cryptocurrency theft, BEC scams, or credential harvesting for resale on underground markets.
Known Campaigns
Dragonforce is conducting an active ransomware campaign targeting organizations across 2 countries. Primary targets: Healthcare, Technology, Transportation/Logistics. 10 confirmed victims recorded in the last 45 days. Campaign status: ACTIVE (last activity 13 Apr 2026).