Codival
spacebears listed this organization on its leak site on Aug 21, 2024.
- Listing date
- Aug 21, 2024
- Attack date
- Aug 20, 2024
Listing text
CODIVAL was created in 1975, on the initiative of local banks that wanted to secure the transportation of cash within their growing networks.Formerly known as BRINK'S WEST AFRICA, CODIVAL is a subsidiary of the SAGAM International group, which is the leader for all activities related to the securing of cash: cash-in-transit, cash processing, ATM management, electronic security and fire safety.This synergy of skills enables CODIVAL to benefit from the expertise, technical know-how, logistics and professionalism of the group which is represented in Senegal, Benin, Burkina Faso, Mali, Cameroon, and soon to be represented in Gabon, Ghana, Nigeria, Morocco and Central Africa.In Côte d'Ivoire, CODIVAL is the undisputed leader in the field of cash-in-transit, cash processing and ATM Management https://codival.ci/en/
About the group
spacebears posted its first listing on Apr 29, 2024 and has listed 163 organizations to date.
Space Bears is a double-extortion ransomware group that emerged in April 2024, distinguished by a professional "corporate" aesthetic on its leak site, leveraging Phobos RaaS infrastructure and targeting small-to-medium organizations in manufacturing, technology, and healthcare across the US and Europe.
Learning center
What does this listing mean?
Ransomware groups move data out of the organization before encrypting systems and threaten to publish it if the ransom is not paid. This method is called double extortion.
The listing shows that the group claims to have targeted the organization. Whether the data was published is shown by the later status of the listing.
What should you do if your organization is listed on a leak site?
- Record the listing and any published sample files; do not visit the leak site from the corporate network.
- Isolate affected systems and preserve logs without deleting them.
- Determine which data left the organization; if personal data is involved, review notification obligations with your legal team.
- Make any decision about the ransom demand together with legal, management and incident response.
- Do not bring systems back online before the attacker’s entry point is closed.
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