Tumeny Payments Targeted by KillSec Ransomware Attack

Incident Date: Dec 15, 2024

Attack Overview
VICTIM
Tumeny Payments Limited
INDUSTRY
Finance
LOCATION
Zambia
ATTACKER
Killsec
FIRST REPORTED
December 15, 2024

Ransomware Attack on Tumeny Payments Limited by KillSec

Tumeny Payments Limited, a fintech company based in Zambia, has recently fallen victim to a ransomware attack orchestrated by the notorious cybercriminal group, KillSec. This incident highlights the vulnerabilities faced by fintech companies in the digital age, particularly those operating in emerging markets.

About Tumeny Payments Limited

Established in 2021, Tumeny Payments Limited is a small to medium enterprise (SME) that has quickly positioned itself as a key player in Zambia's fintech landscape. The company offers a comprehensive suite of digital financial services, including cloud-based payment solutions, bulk SMS messaging, and digital bookkeeping and invoicing systems. Tumeny Payments is recognized for its commitment to financial inclusion and innovation, holding a payment systems license from the Bank of Zambia, which underscores its regulatory compliance and operational legitimacy.

Details of the Attack

The ransomware group KillSec has claimed responsibility for the attack on Tumeny Payments, asserting that they have breached the company's database. The group has threatened to release the stolen data within the next week, with sample screenshots of the compromised information already shared on their dark web portal. The exact size of the data leak remains unknown, posing a significant challenge for Tumeny Payments as they work to assess the full impact of the breach.

About KillSec

KillSec, also known as KillSecurity, is a prominent hacktivist group known for its ransomware activities and data breaches. Founded in 2021, the group has gained notoriety for its alignment with the Anonymous movement and its involvement in various cybercriminal activities. KillSec distinguishes itself through its Ransomware as a Service (RaaS) platform, which allows aspiring cybercriminals to deploy ransomware attacks with relative ease. This model lowers the barrier for entry into ransomware attacks, enabling less technically skilled individuals to engage in sophisticated extortion efforts.

Sources

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