Ransom! Iraqi Ministry of Finance

Victim: Iraqi Ministry of Finance
Country : IQ
Actor: babuk2
Source: http:/bxwu33iefqfc3rxigynn3ghvq4gdw3gxgxna5m4aa3o4vscdeeqhiqad.onion/blog/b26f712ae9a60d8aee7b5ca340e91954282701f31c9a817d379b67204c1d0700/
Discovered: 2025-03-13 00:57:00.278125
Published: 2025-03-13 00:15:03.000000
Description :

  • The Iraqi Ministry of Finance is responsible for managing the country’s public finances and economic policy.
  • It oversees the preparation and execution of the national budget.
  • The Ministry plays a key role in revenue generation, including tax collection and management of public resources.
  • It aims to ensure fiscal stability and economic growth through various financial policies.
  • The Ministry also engages with international financial institutions and foreign governments.
  • It works on implementing reforms to improve the efficiency and transparency of public financial management.
  • Key areas of focus include budgeting, treasury operations, and public debt management.


About Country: Iraq (Country Code = IQ) is facing significant challenges in the realm of cybersecurity, particularly with the increasing prevalence of ransomware incidents that threaten both government and private sector entities. The nation has experienced a rise in cyberattacks due to its evolving digital landscape and the ongoing geopolitical tensions within the region. Ransomware groups have targeted critical infrastructure and businesses, exploiting vulnerabilities in outdated systems and lack of robust security protocols. The Iraqi government is aware of these threats and is making efforts to strengthen its cybersecurity framework, but the combination of limited resources, inadequate regulations, and a skilled workforce shortage poses ongoing risks to the nation’s cyber resilience. As Iraq continues to modernize its digital capabilities, enhancing its cybersecurity measures will be essential to protecting its economy and securing sensitive data from malicious actors.