Incident Score: Analysis & Impact (FUL1772375035)
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Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Fulgar's Ransomware and lateral movement inside company's environment.
- Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
- How Rankiteo’s incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts Fulgar Rankiteo cyber scoring and cyber rating.
- Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the Fulgar breach identified under incident ID FUL1772375035.
The analysis begins with a detailed overview of Fulgar's information like the linkedin page: https://www.linkedin.com/company/fulgar-s-p-a, the number of followers: 4841, the industry type: Textile Manufacturing and the number of employees: 121 employees
After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 755 and after the incident was 658 with a difference of -97 which is could be a good indicator of the severity and impact of the incident.
In the next step of the video, we will analyze in more details the incident and the impact it had on Fulgar and their customers.
On 12 November 2023, Fulgar disclosed Ransomware issues under the banner "Fulgar Hit by RansomHouse Ransomware Attack, Exposing Sensitive Data".
Fulgar, a leading synthetic yarn producer supplying major fashion brands like H&M, Adidas, Wolford, and Calzedonia, has confirmed a ransomware attack linked to the RansomHouse group.
The disruption is felt across the environment, and exposing Bank balances, invoices, financial records, sensitive communications.
Formal response steps have not been shared publicly yet.
Overall, the incident is a reminder of why proactive monitoring and strong governance matter.
Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.
The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.
MITRE ATT&CK® Correlation Analysis
Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Exploit Public-Facing Application (T1190) with moderate confidence (50%), supported by evidence indicating attack threatening the organizations existence and Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating ransomHouse linked to affiliates collaborating with Iranian actors. Under the Execution tactic, the analysis identified User Execution: Malicious File (T1204.002) with moderate to high confidence (70%), supported by evidence indicating data encrypted since October 31. Under the Credential Access tactic, the analysis identified Unsecured Credentials: Credentials In Files (T1552.001) with moderate to high confidence (70%), supported by evidence indicating sensitive communications exposed in leaked screenshots. Under the Collection tactic, the analysis identified Data from Local System (T1005) with high confidence (90%), supported by evidence indicating bank balances, invoices, financial records compromised. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (80%), supported by evidence indicating data exfiltration confirmed by RansomHouse leak site. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with high confidence (90%), supported by evidence indicating data encrypted since October 31 by RansomHouse and Defacement: External Defacement (T1491.002) with moderate to high confidence (80%), supported by evidence indicating fulgar listed on RansomHouse leak site on November 12. Under the Defense Evasion tactic, the analysis identified Obfuscated Files or Information (T1027) with moderate confidence (60%), supported by evidence indicating ransomHouse active since 2021 with evolving tactics. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Fulgar Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/fulgar-s-p-a/incident/FUL1772375035
- Fulgar CyberSecurity Rating page: https://www.rankiteo.com/company/fulgar-s-p-a
- Fulgar Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/ful1772375035-fulgar-ransomware-november-2025/
- Fulgar CyberSecurity Score History: https://www.rankiteo.com/company/fulgar-s-p-a/history
- Fulgar CyberSecurity Incident Source: https://www.techradar.com/pro/hackers-spin-a-tedious-yarn-fabric-supplier-behind-h-and-m-adidas-and-more-hit-by-worrying-cyber-breach
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf