Overview

First confirmed activity of SafePay ransomware emerged in September 2024 and since their conception, the group has consistently increased its monthly activity. In March 2025, SafePay ransomware was the fourth most active group, posting 43 confirmed victims to their dark web Data Leak Site (DLS). The group has actively targeted both public and private sectors worldwide, including significant targeting of organisations within the United States (US), Germany, and the United Kingdom (UK). Attacks against the US and German are often conducted in large waves of 10+ attacks a day.

SafePay ransomware operators are reported to gain initial access via victim endpoints through a VPN gateway using valid credentials, likely obtained through stealware or purchasing from dark web markets. The group highly likely also conducts attacks via the exploitation of VPN vulnerabilities, however, know confirmed vulnerabilities are known at this time.

SafePay ransomware threat actors apply the double-extortion technique whereby they exfiltrate data prior to encryption. They demand payment in cryptocurrency and threaten to leak the stolen data on their leak site if the ransom is not paid.

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Headquarters

Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ

Colorado, USA Office

950 S Cherry St Ste 505
Denver, Colorado
USA
80246

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Nad AI Sheba
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Colorado, USA Office

950 S Cherry St Ste 505
Denver, Colorado
USA
80246

Ontario, Canada Office

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Suite 102
Oakville
Ontario L6H 1A7

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Arizona 85338

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Address

Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ

950 S Cherry St Ste 505
Denver, Colorado
USA
80246

1375 North Service Rd E
Suite 102
Oakville
Ontario L6H 1A7

HEADQUARTERS
Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ



COLORADO, USA OFFICE
950 S Cherry St Ste 505
Denver, Colorado
USA
80246


ONTARIO, CANADA OFFICE
1375 North Service Rd E
Suite 102
Oakville
Ontario L6H 1A7


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