Group-IB is a privately owned company headquartered in Singapore. Founded in 2003, it employs approximately 360 individuals, focusing on computer and network security. The company provides solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigating high-tech crimes, and protecting intellectual property. Group-IB maintains Threat Intelligence and Research Centers in the Middle East (Dubai), the Asia-Pacific (Singapore), and Europe (Amsterdam).

Revenue

Founded

2003

Headcount

355

Headquarters

Singapore

Primary Segment

Computer and Network Security

Ownership

Privately Owned

News Summary:

On August 19, 2026, hackers were observed pairing AI-generated phone calls with fake banking pages in a campaign tracked as Balonx Sistema to bypass multi-factor authentication (MFA) and take over customer accounts. This method provides criminals with a live view of a victim’s phishing session, enabling them to request information precisely when needed. Previously, on August 15, 2026, cybersecurity researchers warned that cybercriminals developed a new Android malware, WindRelay, which turns victims' smartphones into a bridge for stealing bank card information and carrying out contactless payment fraud. This malware operates in conjunction with the known remote-access trojan SpyNote to capture live information exchanged between a physical bank card and an Android phone via Near Field Communication (NFC). Earlier, on August 13, 2026, threat actors were noted for transforming ordinary Android smartphones into remote-controlled card readers using this WindRelay malware, allowing them to siphon data from contactless payment cards and authorize fraudulent transactions in minutes.
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