Panzer

Panzer is a ransomware threat actor associated with attacks that involve data breaches against victim organizations. Reported victims include organizations in Switzerland and Indonesia, specifically in the consumer-facing retail sector and the education sector. Available reporting supports that Panzer conducts ransomware operations with data theft or breach-related impact, but there is currently not enough high-confidence information to attribute a country of origin, define broader tradecraft, identify sub-groups, or establish a fuller victimology profile.