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GLOBALMalwareFinancial ServicesFinanceRansomwareBlackbyteRansom DemandedActor NamedMedium

TIB Development Bank

bd_73c1f081174954d7 · schema v1 · pii pii-v1

Severity

Medium

Discovered

—

Filed

Sep 11, 2022

To disclose

—

Affected

Not disclosed

Confidence

50%
Full breach record for TIB Development Bank →

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group Blackbyte 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: 2022-09-11

Source: Ransomware.live

Post text · scraped from the leak site

TIB Development Bank Limited was established in November 1970 initially by the Parliamentary Act, the Tanzania Investment Bank Act of 1970 with the main purpose of financing development with emphasis on industrialization of the country. TIB was able to fulfil its mandate with notable success in the setting up of textile, leather, paper and other processing industries until the macroeconomic instabilities of the 1980s when the country’s economy deteriorated.The economic reforms of the 1990s highlighted the lack of long term funding as it was not offered by any of the commercial and financial institutions operating the country at the time. The Government therefore re-designated TIB as a Development Finance Institution (DFI) in 2005. The bank has completed the process of transformation into a DFI with an engagement focus centred primarily on infrastructure, industrialization (agro-processing, mining, and general manufacturing) oil and gas and services sector.

Incident timeline — mostly unverified

? — ?

Breach window unknown

Sep 11, 2022

Claim posted

—

No filing yet · watching

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

Claim → filing

—

Compliance clock

Not assessable

Tracked as a single-filing incident — the only disclosure on record for this event so far.Unverified claimView incident

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.

No regulatory filing corroborates this yet — it is the attacker's own assertion. Watch this entity to be notified the moment a filing corroborates or contradicts it.

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 2021-10-04

blackbyte

According to ransomware.live, Ransomware. Uses dropper written in JavaScript to deploy a .NET payload.

147 victims claimed globally147 tracked hereFull profile →