600+
Critical infrastructure organizations compromised by SafePay ransomware across North America, South America, Europe, and Australia since August 2024, per joint FBI/CISA/USSS advisory AA26-293A
5 CVEs
Known vulnerabilities actively exploited by SafePay for initial access, including CVE-2024-40711 (Veeam, CVSS 9.8) and CVE-2024-40766 (SonicWall), all available on KEV catalog
100% backups targeted
SafePay systematically destroys all recovery paths: deletes shadow copies via vssadmin, factory-resets NAS backup appliances, and terminates third-party backup agent processes before encryption
CVSS 9.8
Severity of CVE-2024-40711, the Veeam Backup and Replication deserialization flaw SafePay uses for unauthenticated initial access, enabling encrypted file deployment without valid credentials

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SafePay ransomware compromised at least 600 organizations across critical infrastructure sectors since August 2024, the FBI, CISA, and United States Secret Service disclosed in joint advisory AA26-293A released October 20, 2026. The operators factory-reset network-attached storage devices, deleted all shadow copies, and terminated backup agent processes before encryption, leaving victims with no recovery path.

SafePay is a non-RaaS operation. The group manages every stage of the attack internally without affiliates, which gives it unusually tight operational security and consistent TTP execution across all 600 documented intrusions. Initial access typically comes through brute-forced VPN credentials using Mullvad VPN exit nodes to mask source addresses, phished account profiles replayed against exposed VPN endpoints, and automated exploitation of five known CVEs on internet-facing perimeter devices. CVE-2024-40711, a CVSS 9.8 deserialization flaw in Veeam Backup and Replication, is particularly dangerous because it sits directly on the backup infrastructure SafePay plans to destroy.

Once inside, SafePay uses living-off-the-land binaries exclusively for lateral movement: PsExec, WinRM, and RDP. ShareFinder.ps1 maps every accessible file share in the Active Directory environment. Mimikatz and dcsync.exe harvest credentials. Data is compressed with 7-Zip or WinRAR and exfiltrated via Rclone to actor-controlled accounts, with OneDrive used in some intrusions. Only after exfiltration is confirmed does SafePay execute its encryption payload, which combines ChaCha20 stream cipher with RSA key exchange to prevent decryption without the operator-held private key.

Any organization running exposed Cisco ASA, Veeam Backup, or SonicWall devices should check the nine IP addresses in the advisory against firewall logs immediately, then treat any hit as an active investigation.

How SafePay Ransomware Attacks Work

SafePay follows a consistent six-phase attack chain that the FBI has documented across all 600 confirmed intrusions. The consistency is a product of the group's non-RaaS structure: because a single operator team executes every intrusion, the playbook stays tightly standardized.

Phase one is initial access through Mullvad-masked IP addresses. SafePay brute-forces VPN login portals or replays phished credentials while routing traffic through Mullvad commercial VPN exit nodes to mask source attribution. Simultaneously or as an alternative, automated scripts exploit CVE-2023-27532 and CVE-2024-40711 against Veeam Backup servers and CVE-2020-3259, CVE-2023-20269, and CVE-2024-40766 against Cisco ASA and SonicWall devices.

Phase two is privilege escalation and persistence. Operators gain administrative rights on existing accounts or create new admin accounts directly. They use a UAC bypass technique (T1548.002) that spawns elevated processes through Component Object Model, enabling arbitrary command execution without triggering standard UAC prompts.

Phase three is reconnaissance and lateral movement using PsExec, WinRM, and RDP. ShareFinder.ps1 scans every Active Directory-joined host for accessible file shares. SharpShares.exe supplements this with network-level share enumeration. Mimikatz and dcsync.exe extract domain credentials and Kerberos tickets.

Phase four is data exfiltration. Files are staged with 7-Zip or WinRAR into compressed archives, then moved via Rclone to actor-controlled cloud accounts or via FileZilla to attacker FTP servers. Some intrusions used OneDrive as the exfiltration channel, abusing the legitimate Microsoft service to avoid detection by egress filters watching for known malicious destinations.

Phase five is backup destruction. Operators halt the Volume Shadow Copy Service, delete all shadow copies, factory-reset NAS backup devices, and terminate backup software agent processes before the encryption payload runs.

Phase six is encryption and extortion. ChaCha20 encrypts file content; RSA protects the per-victim key. Files receive the .safepay extension. readme_safepay.txt lands on the desktop. SafePay calls victims by phone if they do not initiate contact through the TOR portal.

Scope and Impact Across Critical Infrastructure

CISA advisory AA26-293A documents SafePay activity through August 2026 across victims in North America, South America, Europe, and Australia. The 600+ figure represents confirmed unique victims, not ransom demands: SafePay's leak site has listed additional organizations not captured in law enforcement investigation records.

Critical infrastructure sectors are disproportionately represented. Manufacturing, healthcare, financial services, government agencies, and energy companies appear most frequently in FBI case files. Ingram Micro, one of the world's largest IT and logistics distributors, publicly disclosed a SafePay-related outage, indicating the group attacks enterprise targets with supply chain reach.

The backup destruction component elevates SafePay's impact above typical ransomware operators. Standard ransomware recovery timelines range from days to weeks when organizations have clean backups. SafePay-hit organizations without offline, air-gapped backups face complete data loss or ransom payment as the only recovery paths. The factory-reset of NAS devices is particularly destructive because it cannot be reversed without a secondary offline copy.

Double extortion adds a regulatory and reputational layer. Data exfiltrated before encryption is posted to SafePay's leak site if victims do not pay. For healthcare and financial organizations subject to HIPAA, PCI-DSS, or GDPR, the data exposure triggers mandatory breach notifications regardless of whether ransom is paid.

The FBI has assessed SafePay as among the most active ransomware groups operating in 2026. The combination of consistent TTPs, high victim volume, backup destruction, and non-affiliate structure makes it operationally distinct from the larger but noisier RaaS ecosystems.

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SafePay IOCs and Network Indicators

CISA advisory AA26-293A provides nine IP addresses, multiple malicious files, and key behavioral artifacts observed across SafePay intrusions from November 2024 through August 2026. Block the following IPs at the perimeter firewall and add them to your SIEM blocklist before hunting. The advisory recommends verifying each IP through your own telemetry before blocking, as some were observed on shared infrastructure.

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Sigma Detection Rules for SafePay Ransomware

Two generated rules target SafePay's most distinctive behaviors: the shadow copy deletion sequence that precedes encryption, and the DCSync credential harvesting used during privilege escalation. Both carry experimental status; validate against your environment before enabling automated blocking to reduce false positives from legitimate administrative activity.

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Immediate Remediation Steps

CISA advisory AA26-293A provides a prioritized mitigation list. Apply these steps in order; the first three are doable within four hours without a change window. For detailed guidance on any step, see the full advisory at cisa.gov/news-events/cybersecurity-advisories/aa26-293a.

SafePay's ability to destroy backups before encryption means organizations without offline copies face complete data loss if these steps are not in place before an intrusion completes. The backup isolation step, while listed last, is operationally as urgent as the patch steps for any organization that has not already implemented it.

See also: Warlock Ransomware Exploits SharePoint for Critical Infrastructure Attacks for parallel ransomware patterns and Qilin Ransomware GlobalProtect Campaign Analysis for additional VPN exploitation context.

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Why SafePay Ransomware Demands Action Today

The CISA/FBI advisory was released yesterday, October 20, which means security teams that saw it overnight are still in the response window. SafePay has maintained a consistently high operational tempo since August 2024, with FBI investigations documenting active intrusions through August 2026. The group has not shown any signs of winding down operations.

Three factors make SafePay structurally more damaging than typical ransomware operators. First, the non-RaaS model means consistent, professional execution without the quality variance seen in affiliate-based programs. Second, the backup destruction routine is systematic and thorough: shadow copies, NAS devices, and backup agent processes are all targeted, not just one. Third, the group uses double extortion, posting stolen data publicly if victims do not pay.

The five CVEs in the advisory are all patchable. None require zero-day response protocols; they are known vulnerabilities on the CISA KEV catalog with available patches. The IOC IP addresses are specific and blockable. The behavioral indicators are detectable with standard SIEM or EDR queries. SafePay's 600+ victim count reflects organizations that had these gaps in place before the intrusion, not a technically sophisticated bypass of well-maintained defenses.

This is an execution problem, not a detection problem. The tools to stop SafePay exist; the question is whether they have been deployed. Defenders should treat this advisory the same way they would treat a CISA emergency directive: patch the CVEs, block the IPs, and verify backup isolation today.

The bottom line

SafePay ransomware compromised 600+ critical infrastructure organizations using credential brute-force and five patchable CVEs, then systematically destroyed every backup before encrypting files. FBI/CISA advisory AA26-293A provides nine IP addresses to block immediately, specific behavioral IOCs to hunt in endpoint logs, and a clear patch priority list. Block the nine IOC IPs and patch CVE-2024-40711 in Veeam Backup before end of business today; every other step can follow in the next 48 hours.

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Frequently asked questions

What is SafePay ransomware?

SafePay is a ransomware group that has operated since at least August 2024 and has claimed or confirmed at least 600 victims across critical infrastructure sectors globally. Unlike most ransomware operators, SafePay does not use a Ransomware-as-a-Service affiliate model. The group manages reconnaissance, initial access, lateral movement, data exfiltration, and encryption internally. Encrypted files receive the .safepay extension, and a ransom note named readme_safepay.txt is dropped on victim desktops and root directories. SafePay uses the LockBit builder for encryption and demands payment in cryptocurrency via a TOR .onion portal, with phone calls to pressure victims who do not respond.

How does SafePay ransomware gain initial access?

SafePay uses three documented initial access methods. First, threat actors brute-force or use phished credentials against exposed VPN endpoints, masking source IP addresses through Mullvad VPN. Second, they exploit five specific CVEs on internet-facing devices: CVE-2020-3259 (Cisco ASA information disclosure), CVE-2023-20269 (Cisco ASA authentication bypass), CVE-2023-27532 (Veeam missing authentication), CVE-2024-40711 (Veeam deserialization, CVSS 9.8), and CVE-2024-40766 (SonicWall improper access control). Third, phishing campaigns deliver account credentials replayed against corporate VPN portals. All three routes target perimeter devices that are commonly exposed to the internet without MFA enforcement.

How does SafePay destroy backups?

SafePay executes a three-step backup destruction routine. First, threat actors halt the Windows Volume Shadow Copy Service and issue vssadmin commands to delete all existing shadow copies, eliminating Windows-native restore points. Second, they connect to network-attached storage devices and reset them to factory settings, permanently destroying any data stored there. Third, they identify and terminate backup software agent processes, preventing new backups from completing or existing scheduled jobs from running. This happens before the encryption payload executes, ensuring victims cannot restore from any available source without paying the ransom or restoring from air-gapped, offline backups held separately.

Which organizations and sectors has SafePay targeted?

CISA advisory AA26-293A lists victims across multiple critical infrastructure sectors in North America, South America, Europe, and Australia. Documented sectors include manufacturing, healthcare, financial services, government agencies, and energy companies. SafePay is sector-agnostic: the group targets any organization with exposed VPN or perimeter devices running the vulnerable CVEs, rather than focusing on a specific vertical. Ingram Micro, a major IT distributor, was publicly associated with a SafePay intrusion, suggesting the group is willing to attack large enterprise targets regardless of size or reputational risk from the attacker's perspective.

Is there a decryptor for SafePay ransomware?

No public decryptor is currently available for SafePay ransomware. The encryption scheme combines ChaCha20 stream cipher for file content with RSA public-key cryptography for key exchange. The private key required to decrypt files is held exclusively by the SafePay operators. File recovery without payment requires either restoring from an offline, air-gapped backup that SafePay did not reach, or engaging law enforcement in the hope that an operator arrest or infrastructure seizure produces key material. Organizations should contact the FBI, CISA, or USSS if compromised and should not pay the ransom without first consulting law enforcement.

What CVEs does SafePay exploit and which products are affected?

Five CVEs appear in advisory AA26-293A. CVE-2020-3259 affects Cisco ASA and FTD, enabling information disclosure without authentication (CWE-200). CVE-2023-20269 affects Cisco ASA and FTD VPN with an authentication bypass path (CWE-288). CVE-2023-27532 affects Veeam Backup and Replication with a missing authentication condition (CWE-306). CVE-2024-40711 affects Veeam Backup and Replication with a deserialization of untrusted data flaw rated CVSS 9.8 (CWE-502), enabling unauthenticated remote code execution. CVE-2024-40766 affects SonicWall SSLVPN with improper access control (CWE-284). All five are on the CISA Known Exploited Vulnerabilities catalog.

How do I detect SafePay ransomware activity in my environment?

Hunt for four behavioral patterns. First, check firewall logs for inbound connections from the nine IP addresses listed in advisory AA26-293A, particularly 88.119.167.239 (soc.dll C2) and 37.10.71.188 (exfiltration). Second, look for ShareFinder.ps1 or SharpShares.exe execution in Active Directory event logs, which indicates the network share enumeration phase. Third, monitor for vssadmin or wmic commands deleting shadow copies, particularly from processes that should not be calling those commands. Fourth, look for .safepay file extensions or readme_safepay.txt creation events in endpoint detection logs. The IOC section of this post includes specific query syntax for major SIEM and EDR platforms.

What immediate actions should security teams take against SafePay?

Three immediate actions apply. First, block all nine IP addresses from the advisory (104.26.2.223, 140.82.114.4, 185.199.108.133, 77.37.49.40, 173.194.194.94, 167.235.225.149, 5.255.11.134, 88.119.167.239, 37.10.71.188) at the perimeter firewall and SIEM. Second, patch CVE-2024-40711 in Veeam Backup and Replication immediately, then apply the remaining four CVE patches during the next change window. Third, enforce MFA on all VPN endpoints and review access logs for Mullvad VPN IP ranges, which SafePay uses to mask source addresses. Organizations should also verify that backup systems are air-gapped or offline and not reachable from production networks.

Sources & references

  1. CISA/FBI/USSS Advisory AA26-293A: #StopRansomware SafePay Ransomware
  2. BleepingComputer: CISA and FBI warn SafePay ransomware hit over 600 critical infrastructure organizations
  3. The Record: FBI says SafePay ransomware gang among most active with more than 600 victims since 2024
  4. Bitdefender: SafePay Ransomware How a Non-RaaS Group Executes Rapid Fire Attacks
  5. GBHackers: CISA Warns SafePay Ransomware Has Hit 600+ Organizations and Destroyed Backup Systems
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Eric Bang
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Founder & Cybersecurity Evangelist, Decryption Digest

Cybersecurity professional with expertise in threat intelligence, vulnerability research, and enterprise security. Covers zero-days, ransomware, and nation-state operations for 50,000+ security professionals every morning.

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