DisclosureLens
GLOBALMalwareFinancial ServicesFinanceRansomwareDragonforceRansom DemandedActor NamedMedium

Conrad Capital Management, Inc.

bd_c65ddffae291b78e · schema v1 · pii pii-v1

Severity

Medium

Discovered

Filed

Mar 18, 2026

To disclose

Affected

Not disclosed

Linked

6 filings

Confidence

50%
Full breach record for Conrad Capital Management, Inc.

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group DragonForce 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: 2026-03-18

Source: Ransomware.live

Post text · scraped from the leak site

(including customers personal information and financial data) Conrad Capital Management (CCM) is an independent Registered Investment Advisory firm that provides personalized financial advice and investment counseling to individual and institutional investors across the United States. Established in 1998 by Donald E. Conrad, the firm specializes in complex financial services, including fixed income portfolio management, alternative investments, retirement planning, and customized portfolio management strategies. CCM's fiduciary duty ensures that they prioritize the best interests of their clients, fostering deep personal relationships through ongoing interactions. With a focus on risk management, CCM is committed to helping clients achieve their financial goals as soon as possible.

Incident timeline — mostly unverified

? — ?

Breach window unknown

Mar 18, 2026

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 6 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (5) · sorted by filing gap

Show 1 more filingup to 62d gap

Filing propagation · 6 filings · 4 states

View merged incident ↗
Leak SiteMar 18 · first · this page

Pattern: first filing Mar 18, last May 20 (ME) — a 62-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 2022-10-20

dragonforce

According to ransomware.live, DragonForce is a major ransomware-as-a-service operation first observed in August 2023 that launched a formal affiliate program offering 80% revenue share, then rebranded as a "ransomware cartel" in 2025, gaining notoriety for high-profile attacks on UK retailers Marks & Spencer, Co-op, and Harrods.

681 tracked hereFull profile →