high severity April 26, 2024 · 3 min read Unverified claim — what this is

Thinkadam Listed by Space Bears Ransomware Group

If you are a customer of Thinkadam, here’s what is being claimed, and what it would mean for you.

Thinkadam provides advanced device locking solutions for the smartphone-on-credit industry.Our technology helps reduce payment defaults and increases contract fulfillment by providing complete control over rented, leased, or loaned smart devices.Our business model and user experience are designed to meet the specific needs of emerging markets. These markets face challenges such as low device prices, limited storage, and costly or inconsistent connectivity. https://www.thinkadam.co/
— from Space Bears’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.

Thinkadam Listed by Space Bears Ransomware Group

On April 26, 2024, Indian fintech company Thinkadam appeared on the leak site operated by the spacebears ransomware group. The listing states that internal files were exfiltrated during a ransomware attack on the firm, which supplies device-locking technology used by lenders in emerging markets to secure smartphones provided on credit.

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Details in the Leak-Site Listing

The spacebears leak site, accessible via the onion address indexed by ransomware.live, lists Thinkadam as a victim and claims that sensitive internal files were taken. The disclosure does not quantify how many customer records or contracts may be involved, nor does it specify the exact types of data beyond the generic description of internal files. No ransom demand figure or payment deadline is published on the page. Thinkadam itself has not yet issued a public breach notification detailing the incident, so the precise scope remains unconfirmed by the company.

Why This Matters for You and Your Family

If you or anyone in your household has financed a smartphone through a lender that uses Thinkadam’s locking technology, your personal information may now sit in an attacker’s archive. Lenders in emerging markets often collect names, addresses, phone numbers, employment details, payment histories, and copies of identity documents to approve credit contracts. When those records are stolen, the exposure can follow you across borders or into new accounts. Even if the leak-site listing does not detail exact record counts, the nature of the business means everyday consumers—not large corporations—are the ultimate data subjects at risk.

The Doxxing and Identity-Chain Risks

Ransomware operators rarely stop at encrypting files. Once they exfiltrate data they frequently publish samples or sell the full set on dark-web markets. A single leaked phone number or email from a credit contract can be combined with information from other breaches to build a complete identity profile. Attackers then target linked accounts, including gaming logins used by children or teenagers in the same household. Credential leaks of this kind routinely cascade into account takeovers, SIM-swapping attempts, and extortion demands directed at family members. Continuous monitoring across 13.1B+ breach records and 100+ platforms is one of the few practical ways to catch these linkages before they are exploited.

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What the free scan actually returns

Sample resultyou@email.comIllustrative — not a real person

Found on people-search siteswe remove these

These listings are live, public, and legal to remove — and removing them is what we do.

value redacted in this sampleage, relatives, address historySpokeo

value redacted in this samplephone, household, property recordsBeenVerified

value redacted in this sample580 companies checked

Found in breach recordsverifiedreported — unverified

Each record is labeled: confirmed breach data, or an attacker’s claim no one has verified.

verifiedvalue redacted in this samplepassword + phone · 2024telecom breach

unverifiedvalue redacted in this sampleclaimed in ransomware listing · 2026leak-site claim

Leaked data cannot be deleted from the internet — anyone claiming otherwise is lying. Broker listings can be removed. We do the second, and show you exactly what to fix from the first.

Report details & sourcing

Attributed to Space Bears · 157 incidents tracked →

Severity High the filing does not enumerate what was exposed

Disclosed April 26, 2024

Last reviewed August 8, 2026

Affected Unconfirmed

By GalaxyWarden Threat Research · Editorial & sourcing standards

Unverified claim — what this report is

This page documents a public listing on a ransomware/extortion group’s leak site, tracked via public threat-intelligence sources. A listing is the attacker’s claim. GalaxyWarden aggregates and reports such claims; we have not independently verified that a breach occurred, what data (if any) was taken, or the accuracy of anything the group asserts, and the named organisation has not necessarily confirmed the incident. Sections above describe what the listing shows and the group’s documented history — not verified findings about the named organisation. If you represent this organisation and believe anything here is inaccurate, tell us and we’ll review it promptly.

Editorial & sourcing policy

GalaxyWarden is a breach-monitoring service and news aggregator. We do not exfiltrate, host, purchase, or redistribute stolen data. Breach information is compiled from publicly accessible sources and threat-intelligence platforms, and is reported as claims attributed to their source. We promptly correct or remove material shown to be inaccurate — see our content & takedown policy or write to support@galaxywarden.com.

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Space Bears — 157 incidents tracked

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