DisclosureLens
GLOBALMalwareTransportation & LogisticsTransportationRansomwareRansomhubRansom DemandedActor NamedMedium

WEL Companies

bd_6200adaf03e80244 · schema v1 · pii pii-v1

Severity

Medium

Discovered

Filed

Feb 19, 2025

To disclose

Affected

Not disclosed

Linked

14 filings

Confidence

50%
Full breach record for WEL Companies

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group RansomHub on its public extortion blog. It has not been validated by the victim or any regulator. Treat attribution and counts as the threat actor's assertion until a regulatory filing or victim disclosure corroborates them.

Group activity: Transportation/LogisticsDiscovered: 2025-02-25

Source: Ransomware.live

Post text · scraped from the leak site

Wel Companies is a renowned refrigerated freight and logistics company based in De Pere, Wisconsin. They specialize in providing temperature-controlled truckload and logistics services across North America. In operation since 1975, Wel Companies has established itself through customer-focused operations, advanced freight tracking systems, and a large fleet that prioritizes both sustainability and safety.

Incident timeline — mostly unverified

? — ?

Breach window unknown

Feb 19, 2025

Claim posted

Corroborated · see linked filings

Compliance clocks stay unassessable until a regulatory filing lands. Dashed segments fill in automatically when corroboration arrives.

Claim → filing

Compliance clock

Not assessable

This filing is one of 14 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (10) · sorted by filing gap

Show 6 more filingsup to 279d gap

Showing first 10 of 13 linked disclosures.

Filing propagation · 11 filings · 10 states

View merged incident ↗

Pattern: first filing Feb 19, last Nov 25 (TX) — a 279-day rolling notification. Rolling spreads often mean counsel is filing as thresholds trip per state. Why this link?

Cascade drawn from the first 10 linked disclosures of 13 — the full spread may be wider.

Evidence ladder

Leak-site claimThis record

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filing

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statement

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

Source ceiling

  • actor name
  • victim claim
  • ransom/leak status
  • discovery date
  • materiality
  • notification
  • affected count
  • confirmed data types
  • compliance clock

The ✕ fields stay blank until a regulatory filing or victim disclosure lands.

About this groupFirst seen 2023-03-09

ransomhub

According to ransomware.live, The group emerged in mid-February 2024 and has already listed several organizations as alleged victims of their attacks, resulting from extortion through encryption and data leaks. The announcement of the sale of the new Ransomware-as-a-Service (RaaS) by RansomHub was published on one of the Russian-origin forums used by cybercrime to advertise malicious services, known as RAMP4U (or RAMP). A user with the nickname and persona of 'koley' announced the affiliate program on February 2, 2024. In the new RaaS announcement, it was mentioned that the money laundering operation of the paid ransoms is the responsibility of the affiliate. This means that all communication and sending of the decryptor to the victim are done through chat. The split of this RaaS would be 90% of the value for the affiliate and 10% for the developer, who in this case would be the persona of Koley. Furthermore, according to the publication, the ransomware payload is written in Golang language, uses the asymmetric algorithm based on x25519, and encryption algorithms AES256, ChaCha20, and xChaCha20, standing out for its speed. The encryption is obfuscated using AST. The payload would support network propagation and encryption of data both in secure and local mode. According to Koley, the ransomware is designed to operate on platforms such as Windows, Linux, and ESXi, as well as other architectures such as ARM and MIPS. As pointed out by the panel and already highlighted by the intelligence team, Koley stated that the panel uses a .onion domain, allowing the affiliate to organize and manage targets and chat rooms, view access logs, automatically respond when offline, and create private blog pages. Source: https://github.com/crocodyli/ThreatActors-TTPs

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