Executive Summary

In June 2025, we observed a new ransomware family named 01flip targeting a limited set of victims in the Asia-Pacific region. 01flip ransomware is fully written in the Rust programming language and supports multi-platform architectures by leveraging the cross-compilation feature of Rust.

These financially motivated attackers likely carried this out through manual means. We have confirmed an alleged data leak from an affected organization on a dark web forum shortly after the attack. We are currently tracking this activity as CL-CRI-1036, signifying a cluster of malicious activity that is likely related to cybercrime.

Our key findings are:

  • Financially motivated attackers behind CL-CRI-1036 …

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