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MassDevelopment

MassDevelopment Vendor Cyber Rating & Cyber Score

massdevelopment.com

MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies. During FY2024, MassDevelopment financed or managed 349 projects generating investment of more than $3.5 billion in the Massachusetts economy. These projects are estimated to create or support 22,426 jobs and build or preserve 1,754 housing units.


MassDevelopment A.I CyberSecurity Scoring

MassDevelopment
Company Information
Website:http://www.massdevelopment.com
Employees number:189
Number of followers:11,568
NAICS:52
Industry Type:Financial Services
Homepage:massdevelopment.com
MassDevelopment Risk Score (AI oriented)
Between 550 and 599
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MassDevelopmentFinancial Services
Updated:
28/04/2026
577/1000
Very Poor
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MassDevelopment Global Score (TPRM)
xxxx
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MassDevelopmentFinancial Services
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Findings

MassDevelopment
MassDevelopmentVery Poor
Current Score
577Ca (VERY POOR)
01000
2 incidents
-126 avg impact
Incident timeline with MITRE ATT&CK tactics, techniques, and mitigations.
JUNE 2026
583Before Incident
MAY 2026
579Before Incident
APRIL 2026
577Before Incident
MARCH 2026
699Before Incident
Ransomware
27 Mar 2026MassDevelopment
MassDevelopment, Five States Energy Company and Kent District Library: Cybercriminals say they hacked Massachusetts Development Finance Agency, its second breach in 2 years

DragonForce Claims Massive Data Breach at MassDevelopment, Exposing Sensitive Personal Information

573After Incident
CRITICAL-126
MASMOXKEN1777408154
DragonForce Claims Massive Data Breach at MassDevelopment, Exposing Sensitive Personal Information A cybercriminal group known as DragonForce has taken responsibility for a March 2026 data breach at MassDevelopment, the Massachusetts Development Finance Agency. The breach compromised 1.56 terabytes of data, including names, Social Security numbers, driver’s license numbers, and personal financial account details, according to a claim posted on the group’s leak site on April 27, 2026. MassDevelopment acknowledged the incident in a victim notification, stating that on March 27, 2026, it detected unauthorized access to its systems, with files copied from its network the same day. However, the agency has not confirmed DragonForce’s involvement, nor has it disclosed whether a ransom was paid, the attack vector, or the number of affected individuals. The notice did not include an offer of free credit monitoring or identity theft protection for victims. This marks MassDevelopment’s second major breach in two years. In January 2025, the agency reported a June 2024 breach claimed by the Cactus ransomware group, which allegedly stole 1.2 TB of data. A third group, BianLian, also claimed an attack in January 2025, asserting it exfiltrated 4 TB of data, though this was never verified. DragonForce, a ransomware-as-a-service (RaaS) operation, emerged in December 2023 and has since claimed 158 attacks in 2026 alone, with seven confirmed by victims. The group typically dual-extorts targets demanding payment both to unlock encrypted systems and to prevent the release of stolen data. The MassDevelopment breach is DragonForce’s first confirmed attack on a government entity and its second in the U.S. this year, following a February 2026 breach at Five States Energy Company, which affected 2,251 individuals. Other recent confirmed DragonForce attacks include: - Fundação Getulio Vargas (Brazil) – February 2026 - Hazeldene’s Chicken Farm (Australia) – February 2026 - Alliance Select Foods International (Philippines) – March 2026 - Fernheizwerk Neukölln (Germany) – March 2026 - Kopran (India) – February 2026 The incident adds to a growing trend of ransomware attacks on U.S. government entities, with 18 confirmed in 2026 so far. Other recent cases include: - Winona County, MN – Two attacks in January and April 2026 - Kent District Library (MI)April 24, 2026 attack causing operational disruptions - Suffolk, VAFebruary 2026 breach claimed by the Cloak ransomware group MassDevelopment, a key economic development agency in Massachusetts, reported financing 409 projects in 2025, generating $4.65 billion in investment and supporting 25,246 jobs. The full impact of the breach remains unclear as investigations continue.
INCIDENT DETAILS -
TYPE
Data Breach, Ransomware
MOTIVATION
Financial Gain (Ransomware-as-a-Service, Dual-Extortion)
IMPACT
Data Compromised: 1.56 TBIdentity Theft Risk: High (SSNs, driver’s license numbers, financial account details exposed)Payment Information Risk: High (Personal financial account details exposed)
DATA BREACH
Personally Identifiable Information (PII)Financial Account DetailsSensitivity Of Data: High (SSNs, driver’s license numbers, financial account details)Data Exfiltration: Yes (1.56 TB of data copied)NamesSocial Security NumbersDriver’s License Numbers
FEBRUARY 2026
698Before Incident
JANUARY 2026
697Before Incident
DECEMBER 2025
695Before Incident
NOVEMBER 2025
694Before Incident
OCTOBER 2025
693Before Incident
SEPTEMBER 2025
692Before Incident
AUGUST 2025
691Before Incident
JULY 2025
689Before Incident
JUNE 2024
755Before Incident
Breach
17 Jun 2024MassDevelopment
Massachusetts Development Finance Agency

Data Breach at Massachusetts Development Finance Agency

670After Incident
HIGH-85
MAS353080425
The Maine Office of the Attorney General reported a data breach involving the Massachusetts Development Finance Agency on February 28, 2025. The breach occurred when systems were accessed without authorization between June 17 and November 28, 2024, affecting a total of 1,039 individuals, including 5 Maine residents. The compromised information included names and Social Security numbers.
INCIDENT DETAILS -
TYPE
Data Breach
IMPACT
NamesSocial Security numbers
DATA BREACH
NamesSocial Security numbersSensitivity Of Data: High

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