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breach watch Seqrite Blog October 01, 2026

Inside DragonForce: How a Ransomware Cartel’s Payload Actually Runs

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A technical walkthrough from runtime preparation and network-share discovery to concurrent file encryption DragonForce is a Ransomware-as-a-Service (RaaS) operation that first surfaced in mid-to-late 2023. It initially presented itself as a hacktivist collective before shifting to a profit-driven model. Early payloads were built on leaked LockBit 3.0 source code and later supplemented with code derived from the leaked Conti builder.

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