OTX Threat: Spirals: New Stealthy Ransomware Deployed Against Asian IT Company

A previously unseen ransomware family named Spirals was deployed in a double extortion attack against an IT services company in South Asia in June 2026. The Rust-based payload demonstrated sophisticated capabilities including defense evasion, encryption, lateral movement, and privilege escalation. Attackers gained initial access through a compromised internet-facing IIS web server via an ASP.NET w Sectors: Technology