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Biolife, a wholly owned subsidiary of Merit Medical

Biolife, a wholly owned subsidiary of Merit Medical Vendor Cyber Rating & Cyber Score

biolife.com

Biolife, a wholly owned subsidiary of Merit Medical, is medical device company in Sarasota, Florida, that manufactures innovative healthcare and first aid solutions that improve patient care and outcomes. All Biolife products are comprised of a powder with two main ingredients: potassium ferrate and a hydrophilic, or water loving, polymer. StatSeal devices for the healthcare industry are available in both powder and disc form; the disc is made of compressed powder that is encased in a white medical-grade foam. WoundSeal devices for the consumer and occupational health industries are available in powder form. All Biolife devices are manual pressure adjuncts and work via a two-step mechanism of action that occurs simultaneously to form a


BWOSMM A.I CyberSecurity Scoring

BWOSMM
Company Information
Website:http://www.biolife.com
Employees number:136
Number of followers:2,400
NAICS:3391
Industry Type:Medical Equipment Manufacturing
Homepage:biolife.com
BWOSMM Risk Score (AI oriented)
Between 0 and 549
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BWOSMMMedical Equipment Manufacturing
Updated:
04/04/2026
423/1000
Critical
C
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Powered by our proprietary A.I cyber incident model
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BWOSMM Global Score (TPRM)
xxxx
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BWOSMMMedical Equipment Manufacturing
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Findings

BWOSMM
BWOSMMCritical
Current Score
423C (CRITICAL)
01000
2 incidents
-264 avg impact
Incident timeline with MITRE ATT&CK tactics, techniques, and mitigations.
JUNE 2026
442Before Incident
MAY 2026
437Before Incident
APRIL 2026
430Before Incident
MARCH 2026
422Before Incident
FEBRUARY 2026
412Before Incident
JANUARY 2026
403Before Incident
DECEMBER 2025
388Before Incident
NOVEMBER 2025
644Before Incident
Ransomware
10 Nov 2025BWOSMM
Medical Device Company in Florida

Cybersecurity Professionals Indicted for BlackCat Ransomware Attacks Yielding Nearly $2 Million

380After Incident
CRITICAL-264
BIO4503245111125
A Florida-based medical device company fell victim to a BlackCat (ALPHV) ransomware attack orchestrated by three cybersecurity professionals—Kevin Tyler Martin, Ryan Clifford Goldberg, and an unnamed co-conspirator—who exploited their insider knowledge of ransomware negotiation and incident response. The attackers encrypted critical data, stole sensitive information, and demanded a ransom of $15.4 million (US$10 million), ultimately extorting $1.96 million (US$1.27 million) in cryptocurrency from the victim. The breach disrupted operations, instilled fear of financial and reputational damage, and exposed the company to potential regulatory scrutiny. The attackers, leveraging their roles at DigitalMint and Sygnia Consulting, exploited trust to deploy ransomware, demonstrating a severe insider threat with deliberate malicious intent. The incident highlights the risks of privileged access abuse in cybersecurity-critical industries, where healthcare data integrity and operational continuity were directly compromised. The company’s recovery efforts likely involved forensic investigations, system restoration, and heightened security measures to mitigate future risks.
INCIDENT DETAILS -
TYPE
Ransomware AttackInsider ThreatData TheftExtortion
MOTIVATION
Financial Gain
IMPACT
Financial Loss: $1.96 million (paid by one victim); Total demands ranged from $300,000 to $15.4 millionFear of financial loss due to data theft/encryptionPotential disruption to medical/engineering operationsPotential reputational damage to victim organizationsNegative publicity for DigitalMint and Sygnia due to insider involvementOngoing legal proceedings against Martin and GoldbergPotential civil lawsuits from victims
DATA BREACH
Potentially high (medical/engineering sector data)
OCTOBER 2025
644Before Incident
SEPTEMBER 2025
641Before Incident
AUGUST 2025
639Before Incident
JULY 2025
637Before Incident
MAY 2023
759Before Incident
Ransomware
01 May 2023BWOSMM
Medical company based in Florida

Cybersecurity Professionals Accused of Conducting ALPHV/BlackCat Ransomware Attacks on U.S. Businesses

556After Incident
CRITICAL-203
BIO0602606110425
A Florida-based medical company fell victim to a ransomware attack orchestrated by three cybersecurity professionals—Ryan Clifford Goldberg, Kevin Tyler Martin, and an unnamed co-conspirator—using ALPHV/BlackCat ransomware in May 2023. The attackers, who exploited their insider knowledge from roles in incident response and ransomware negotiation, successfully extorted a $1.3 million ransom payment from the company. While the article does not specify the exact data compromised, the involvement of ALPHV (linked to critical infrastructure and healthcare breaches, including the Change Healthcare attack affecting 190 million records) suggests potential exposure of sensitive patient data, financial records, or operational disruptions. The attack’s financial motive, combined with the actors’ deliberate targeting of a medical entity, implies severe operational and reputational harm. Ransomware groups like ALPHV are known for data exfiltration before encryption, increasing the risk of patient privacy violations, regulatory penalties (e.g., HIPAA breaches), and loss of trust. The company’s payment of the ransom—despite FBI guidance against it—highlights the critical impact on continuity, though the full scope of data loss or system downtime remains undisclosed. The indictment underscores the dual threat of insider-enabled cybercrime and ransomware’s escalating sophistication in healthcare, a sector frequently targeted for its high-value data and life-dependent operations.
INCIDENT DETAILS -
TYPE
ransomwareextortioninsider threat
MOTIVATION
financial gaindebt relief (Goldberg's confession)
IMPACT
Financial Loss: $1.3 million (ransom paid by one victim)disruption to medical, pharmaceutical, engineering, and drone manufacturing operationsreputational damage to Sygnia and DigitalMintloss of trust in cybersecurity professionalsindictments for conspiracy, extortion, and computer damagepotential 50-year prison sentences
DATA BREACH
ALPHV/BlackCat ransomware encryption

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