DisclosureLens
GLOBALMalwareFinancial ServicesFinanceRansomwareALPHVRansom DemandedActor NamedData Leak ThreatenedData PublishedHigh

ACADEMY MORTGAGE CORPORATION

bd_6ec09ae80601c340 · schema v1 · pii pii-v1

Severity

High

Discovered

Filed

May 14, 2023

To disclose

Affected

Not disclosed

Linked

11 filings

Confidence

50%
Full breach record for ACADEMY MORTGAGE CORPORATION3 incidents on file

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group ALPHV / BlackCat 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: Financial ServicesDiscovered: 2023-07-26

Source: Ransomware.live

Post text · scraped from the leak site

Academy Mortgage is a family-owned mortgage company based in Draper, Utah, which was founded in 1988. Academy is a direct lender, meaning it handles all of its underwriting and funding in house. It offers both new purchase mortgages and refinance loans, originating more than $15.65 billion in loans in 2021. Duane is the principal owner and founder of Academy Mortgage Corporation, a national mortgage banking firm with its headquarters in Draper, Utah. Duane started Academy Mortgage in 1988. Academy has over 350 branch offices across the country; and is licensed to originate loans in 49 states and the District of Columbia.

Incident timeline — mostly unverified

? — ?

Breach window unknown

May 14, 2023

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 11 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (10) · sorted by filing gap

Show 6 more filingsup to 246d gap

Filing propagation · 11 filings · 9 states

View merged incident ↗

Pattern: first filing May 14, last Jan 15 (ME) — a 246-day rolling notification. Rolling spreads often mean counsel is filing as thresholds trip per state. Why this link?

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 2021-09-09

alphv

According to ransomware.live, The operators of the ALPHV/BlackCat ransomware began their activity in December 2021, making posts on Dark Web forums to promote their affiliate program, offering other actors the opportunity to engage in a 'new type of ransomware family' developed from scratch using the Rust programming language. Some clear evidence indicates that the actors behind this new ransomware are not new to cybercrime, and there were links to other affiliate programs such as DarkSide, BlackMatter, and REvil. (After several attacks against large companies, these groups faced pressure and arrests, necessitating the termination of their operations). As a security measure, the operators of ALPHV implemented the requirement for the execution of the ransomware payload by providing an 'access token,' which is supplied by the owners of the Ransomware-as-a-Service to the affiliate. This token is added to the victim's ransom note so that they can contact the threat actor responsible for encrypting the data. ALPHV affiliates employ double and triple extortion techniques, meaning the publication of the company's name on leak sites, threats of data leakage, and lastly, threats of DDoS attacks against the organization. Source: https://github.com/crocodyli/ThreatActors-TTPs

731 victims claimed globally731 tracked hereFull profile →