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Recent Breaches › NetCompany Listed by midas Ransomware Group

HIGH severityUnverified claimHow we verify

NetCompany Listed by midas Ransomware Group: Ransomware Claim — What’s Alleged & What To Do

RBRecent Breaches Breach Intelligence·March 23, 2022
NetCompany Listed by midas Ransomware Group

Reported March 23, 2022.

HIGH
Severity
March 23, 2022
Disclosed
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The NetCompany Listed by midas Ransomware Group (reported March 23, 2022) is an unverified claim; the data involved is undisclosed belonging to roughly unknown people. If you have an account with them, your information may now be circulating on the open web and with data brokers. Here’s exactly what happened, how to check if you were affected, and what to do next.

Severity & verification
HIGH severityUnverified claim
Data types not itemised.
Published on a ransomware group’s leak site — an unverified extortion claim until the named organization or credible reporting corroborates it.
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On March 23, 2022, NetCompany appeared on a leak site operated by the midas ransomware group. The listing indicated that internal files had been taken during a ransomware incident, though the number of people affected and the precise contents of any exfiltrated material remain undisclosed. The group claims to have stolen internal data from the organisation.

What happened

NetCompany was listed on the midas ransomware leak site on March 23, 2022. The entry stated that internal files had been exfiltrated during a ransomware attack. No further details on the timing of the intrusion, the volume of data involved, or the method of access were provided in the listing.

The number of individuals whose information may have been included is not known. Confirmation that data was published or used for extortion has not been reported beyond the initial site listing.

Who is midas?

Midas is a ransomware operation that follows the pattern of encrypting systems and threatening to release stolen files if a ransom demand is not met. Groups of this type typically gain initial access through compromised credentials, unpatched systems or phishing, then move laterally to locate and copy sensitive material before deploying encryption.

Such actors maintain leak sites to pressure victims by advertising claimed data holdings. The listing of NetCompany constitutes the group’s claim of possession; independent verification of the data’s authenticity or scope has not been established in public reporting.

About NetCompany

NetCompany provides information-technology services and solutions to clients that often include government agencies and large enterprises. Organisations in this sector routinely maintain internal records such as project documentation, employee credentials, client correspondence and system configurations.

A breach at a service provider can carry wider implications because the data held may relate to multiple external parties rather than solely to the company itself.

What was likely exposed

The facts identify only “internal files exfiltrated in ransomware attack.” No inventory of specific file types, databases or record categories has been released.

Companies of this nature commonly store employee records, contract documents, network diagrams and communications with clients. The exact contents of the material claimed by midas are unconfirmed.

Why it matters

Exposure of internal files can reveal operational details that assist further targeting or social-engineering attempts against the organisation and its clients. Where personal or contractual information is present, affected individuals may face risks of identity misuse or targeted scams.

For the organisation, the incident adds to the costs of investigation, remediation and potential regulatory scrutiny, regardless of whether the data is later published.

If your data was in this claimed breach

Monitor accounts for unusual activity and change passwords for any services that may have been referenced in internal documents. Enable multi-factor authentication where available and review privacy settings on accounts that could be linked to the organisation.

Readers can run a free exposure scan of their email address against known breach data to check for appearances in previously published records.

AICompiled with AI assistance from public sources and published under our editorial standards.

Editorial & sourcing policy
Recent Breaches is a breach-monitoring service and news aggregator. We do not exfiltrate, host, purchase, or redistribute stolen data, and we do not hold the data claimed in leak-site listings. Incidents are compiled from publicly accessible sources and threat-intelligence platforms and are reported as claims attributed to their source. We promptly correct or remove material shown to be inaccurate — write to support@galaxywarden.com or press@recentbreaches.com.
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How this breach connects

Company

Attributed to

Method

CompanyNetCompany security record
88/100
DoxxScan™ · Low doxx risk
B 83Good record

1 reported incident on record.

See NetCompany’s full breach history →

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Read GalaxyWarden’s full analysis of the NetCompany Listed by midas Ransomware Group →

Source: threat-actor leak-site listing

Publicly posted by midas — unverified claim, pending independent verification

Breach listings — particularly those originating from ransomware or leak sites — are third-party claims that may be unverified, incomplete, or inaccurate. A listing does not by itself confirm that a breach occurred or that any specific data was exposed. Severity is an automated assessment, not a definitive rating. Verification status is shown where available.

Attributions to threat groups and methods reflect public reporting and, in some cases, unverified claims made by the groups themselves; they may be incomplete or later revised. Recent Breaches and GalaxyWarden are independent and are not affiliated with, and do not endorse, any company or group named on this page. This information is aggregated from public sources for awareness only and is not legal, security, or investment advice.

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