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Panzer Ransomware Targets Italian Manufacturers and Telecom Firms With ESXi-Ready RaaS

New Panzer ransomware-as-a-service operation lists Italian firms Doimo Cucine and NTE Italia as victims, offering encryptors for Windows, Linux, FreeBSD, and ESXi.

Panzer, a ransomware-as-a-service operation that surfaced August 5, listed a kitchen manufacturer in Treviso (Doimo Cucine) and a telecommunications engineering firm in Catanzaro (NTE Italia) among alleged victims, claiming 30 GB and 16 GB of stolen data respectively. The group advertises encryptors for Windows, Linux, FreeBSD, and VMware ESXi, a Tox-based affiliate recruitment process with screening, an affiliate dashboard, and an 80/20 revenue split. Neither victim had publicly confirmed the incidents when researcher Andrea Fortuna's report was published, and the group's first access method and payload have not been independently analyzed. Panzer posted victims across 11 countries as claimed Italian ransomware incidents reached 212 by September 6, already above 2025's full-year total of 169.

Cyber Security NewsSep 8, 09:10 UTC · 8d agoRansomware in the wild

Ransomware attackers are zeroing in on mid-market companies

Black Kite found mid-market firms were 73% of disclosed ransomware victims in North America and Europe from January 2023 to June 2026.

Black Kite analyzed 13,336 publicly disclosed ransomware and data-extortion incidents with known revenue between January 2023 and June 2026, finding mid-market companies (annual revenue $10M-$1B) accounted for 73% of victims in North America and Europe, consistently between 72% and 75%. Manufacturing was the most affected sector, followed by professional, scientific, and technical services and construction. Of more than 120,000 assessed mid-market organizations, 54.7% had at least one significant patch-management issue on a public-facing system, over a quarter had a known-exploited vulnerability, and nearly one-third had stealer-log credential findings.

Help Net SecurityAug 24, 00:00 UTC · 24d agoRansomware