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FortiBleed Credential Theft Linked to INC and Lynx Ransomware Operations

·Source: The Hacker News

Updated:

Executive Summary

The recently discovered financially-motivated FortiBleed campaign has been attributed to INC and Lynx ransomware operations, indicating that the verified, stolen credentials were intended for follow-on intrusions. "An operator tied to FortiBleed's infrastructure was found actively working negotiation panels for both groups, tying mass FortiGate credential theft directly to ransomware deployment

Analysis

The recently discovered financially-motivated FortiBleed campaign has been attributed to INC and Lynx ransomware operations, indicating that the verified, stolen credentials were intended for follow-on intrusions. "An operator tied to FortiBleed's infrastructure was found actively working negotiation panels for both groups, tying mass FortiGate credential theft directly to ransomware deployment
Source Attribution

Originally published by The Hacker News on Jul 2, 2026.

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