Elemetal Listed by incransom Ransomware Group
If you are a customer of Elemetal, here’s what is being claimed, and what it would mean for you.
Elemetal is one of the largest precious metals refiner. They are laundering money for drug cartel and can't find a small amount to prevent data leak. Cost of their privacy is $160.000. 600GB of...
— from INC Ransom’s own leak-site posting. This is the group’s claim, quoted verbatim; it is not GalaxyWarden’s reporting and has not been independently verified.
On September 18, 2023, precious-metals refiner Elemetal appeared on the leak site of the incransom ransomware group. The listing states that internal files were exfiltrated during a ransomware attack and demands $160,000 to prevent their release. The notification does not specify how many people are affected or list exact record counts.
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Details from the Leak-Site Listing
The incransom blog post states that 600GB of Elemetal data was taken. It describes the company as one of the largest precious-metals refiners and claims it has ties to money laundering for drug cartels. The post gives a payment deadline and threatens to publish the stolen files if the ransom is not paid. No sample data is shown on the page, and the exact types of internal files remain unknown beyond the broad description of “internal files exfiltrated in ransomware attack.”
Why This Matters for You and Your Family
When a company that handles large financial transactions and sensitive business records is breached, the information can easily reach identity thieves, fraudsters, or people who buy stolen data on underground markets. Even if your name is not on an obvious customer list, vendor records, employee payroll files, or partner contracts often contain names, addresses, Social Security numbers, banking details, or tax forms. Once those details surface, they can be used to open accounts in your name, file fraudulent tax returns, or target your family with phishing emails that look legitimate because they reference real transaction history. The uncertainty around the exact data types taken only heightens the risk; you must assume that anything Elemetal held about you or your transactions could now be in the hands of criminals.
The Doxxing and Identity-Chain Implications
Ransomware leaks rarely stop at one company. Criminals frequently cross-reference stolen spreadsheets with other breaches to build complete identity profiles. An email address allegedly taken from Elemetal can be linked to your social-media handles, gaming accounts, or family-member records found elsewhere. This chaining turns a single corporate breach into long-term exposure. Criminals then create detailed dossiers that include phone numbers, home addresses, and relationships, making harassment, SIM-swapping, or targeted extortion far easier. Children’s gaming accounts are especially vulnerable because usernames and passwords reused from family devices can be hijacked and used to dox an entire household.
Incransom’s Publicly Known Track Record
Public reporting attributes incransom with emerging in early 2023 as a ransomware-as-a-service operation. The group typically gains initial access through phishing or exploited remote-desktop services, exfiltrates data before encrypting systems, and then runs a double-extortion campaign: demanding payment to decrypt files and a second payment to keep the stolen data private. Notable prior victims have included manufacturing firms and professional-services companies, though exact lists shift as new incidents are added to their leak site. Their playbook relies on public pressure—posting countdowns and samples—to force payment, which is why Elemetal’s appearance on the site on September 18, 2023 fits their standard pattern.
What to do
- Run a DoxxScan to map every link between your emails, phone numbers, usernames, and real-world identity so you can see exactly what chains back to the Elemetal breach.
- Rotate any password you used at Elemetal or any vendor tied to precious-metals transactions, then enable 2FA through an authenticator app instead of SMS.
- Enable continuous DoxxScan monitoring across 13.1B+ breach records and 100+ platforms so the next exposure surfaces in hours rather than months.
- Cover the household with DoxxScan family protection that extends to dependents and children’s gaming accounts that often chain back to the same address or reused credentials.
- Let remediation specialists handle data-broker takedown requests and opt-out processes that would otherwise take months of your own time.
The Elemetal incident shows that even specialized industrial companies can become ransomware targets, and the data they lose can follow ordinary families for years. Starting proactive steps now limits how far criminals can travel down the identity chain. Try DoxxScan for its continuous monitoring, AI-powered identity-chain mapping, hands-on remediation by specialists, and full household coverage that includes children’s gaming accounts.
What the free scan actually returns
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