lynx
Intelligence Profile
Lynx is a ransomware-as-a-service operation that emerged in mid-2024 as a rebrand of INC Ransomware (whose source code was sold for $300,000 on the RAMP forum), claiming ~300 victims across manufacturing, business services, technology, and transportation with an 80/20 profit split for affiliates.
Threat Analysis
lynx 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 lynx 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
Lynx is conducting an active ransomware campaign targeting organizations across 3 countries. Primary targets: Construction, Financial Services. 3 confirmed victims recorded in the last 45 days. Campaign appears to have stalled.