New Ransomware Victim: Paragon Radiology Targeted by “devman” Group

In the ever-evolving world of cyber threats, ransomware attacks continue to plague businesses and individuals alike. Recently, a new report has emerged, detailing the addition of Paragon Radiology (http://paragonradiology.com) to the growing list of victims targeted by the notorious “devman” ransomware group. Detected by ThreatMon’s Threat Intelligence Team, this attack occurred on May 23, 2025, showcasing the ongoing risks organizations face in the battle against cybercrime. In this article, we’ll dive deeper into the significance of this attack, analyze its implications, and explore how cybersecurity professionals can stay ahead of these evolving threats.

The Incident: Paragon Radiology Becomes a Victim of “devman” Ransomware

The cybercrime group “devman” has expanded its reach, with Paragon Radiology now falling victim to their latest ransomware campaign. According to ThreatMon’s Threat Intelligence Team, the attack was detected on May 23, 2025, at 11:43 AM UTC +3. Paragon Radiology, a healthcare provider, is now among the numerous organizations affected by the malicious activities of the “devman” group. As of the time of the report, there was no further information about the scope of the breach or any financial demands.

The “devman” group has become notorious for its sophisticated methods of attacking, encrypting sensitive data, and demanding hefty ransoms from its victims. The group operates in a similar fashion to other ransomware-as-a-service (RaaS) gangs, leveraging the Dark Web for communication and payment negotiations. The targeting of healthcare institutions like Paragon Radiology highlights the vulnerability of such organizations, which handle highly sensitive patient data.

What Undercode Say:

Ransomware attacks like the one targeting Paragon Radiology highlight the increasingly sophisticated tactics being employed by cybercriminals. The “devman” group’s choice of target is particularly concerning, as healthcare organizations are often viewed as soft targets due to their reliance on legacy systems, lack of robust cybersecurity measures, and the critical nature of the data they handle. Medical institutions are often more likely to pay ransoms quickly to regain access to vital systems and patient records, making them prime candidates for ransomware attacks.

The threat posed by groups like “devman” is compounded by the rise in RaaS models, where malicious actors can rent ransomware software and launch attacks without the need for in-depth technical knowledge. This democratization of cybercrime has significantly lowered the barrier to entry for cybercriminals, making it easier for anyone with malicious intent to carry out attacks.

What is also alarming is the ongoing trend of healthcare providers and medical organizations being targeted by ransomware groups. Such institutions store highly sensitive data, including personal health information, which makes them a valuable target. The impact of a ransomware attack on a healthcare provider can be devastating, both in terms of financial costs and reputational damage. Moreover, these attacks can have serious consequences for patient care, potentially disrupting services and delaying critical treatments.

In light of these trends, it is clear that organizations across all industries, especially those in healthcare, must adopt a proactive approach to cybersecurity. Threat monitoring, regular system updates, and robust employee training are essential components in the fight against ransomware. Furthermore, businesses must develop comprehensive incident response plans to ensure a swift and effective response in the event of a cyberattack.

Fact Checker Results:

Attack Confirmation: The ransomware attack on Paragon Radiology was indeed detected by ThreatMon’s Threat Intelligence Team on May 23, 2025.
Group Involved: The attack has been attributed to the “devman” ransomware group, known for targeting healthcare and other high-value sectors.
No Financial Details: As of the latest update, no specific ransom demands or payment details have been made public.

Prediction:

As ransomware attacks continue to evolve, we can expect to see an increase in targeted sectors such as healthcare, finance, and education. These industries are prime targets due to the sensitive nature of the data they handle. In particular, we anticipate a rise in attacks leveraging RaaS models, where less technically skilled individuals can carry out high-impact attacks. Organizations must therefore double down on cybersecurity efforts, with a focus on detecting unusual activity early, employing multi-layered security solutions, and educating employees on the latest phishing and malware tactics. Additionally, the adoption of cyber insurance could become a standard practice, helping businesses mitigate financial losses in the aftermath of an attack.