Who this is for
Your sector has its own adversaries. We start there.
A manufacturer, a payments company, and a hospital draw different adversaries with different motives. Different motives mean different attackers, entry points, and risks to prepare for. We build detection, response, and hardening recommendations around the adversaries targeting you.
Trust + identity + supply chain
Technology & SaaS
Identity-layer attacks and pressure on software, cloud, and relationships drive exposure through credentials, supply chain, and trusted paths. Beyond downtime, the risk is the attacker arriving through your relationships.
ATHANOR · The largest espionage presence of any lane: 14 of 46 actors are espionage-motivated, including 8 China-nexus groups.
48 / 75
ADVERSARIES TARGETING
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Fraud + disruption + theft
Financial Services
Both a ransomware and a fraud problem, plus nation-state-linked theft across payments and credentials. Treat it only as ransomware and you under-defend theft. We frame value around payment abuse, credential abuse, and disruption.
ATHANOR · Financially driven: 31 of 36 actors with stated targeting are financially motivated, from ransomware crews to North Korea’s state-backed theft groups.
37 / 75
ADVERSARIES TARGETING
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Ransomware + real-world impact
Healthcare & Pharma
High ransomware pressure, sensitive data exposure, and research/IP targeting. This is operational resilience as much as compliance: cyber failure affects continuity, trust, and care.
ATHANOR · High and steady: 34 of 44 actors with stated healthcare targeting run ransomware.
49 / 75
ADVERSARIES TARGETING
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Ransomware + disruption
Public Sector (SLED)
Cities, counties, courts, school districts, and universities run essential services on tight budgets and aging systems. Ransomware crews know downtime forces fast decisions, and resident and student records raise the stakes.
ATHANOR · Ransomware-led with a state layer: 32 of 42 actors with stated state, local, or education targeting are criminal. The rest are China- and Iran-nexus state groups.
55 / 75
ADVERSARIES TARGETING
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Fraud + extortion + peak season
Retail
Payment data, loyalty accounts, and e-commerce credentials draw fraud crews and extortion groups alike. Attacks cluster around peak selling seasons, when downtime costs the most and teams are stretched thinnest.
ATHANOR · Criminal crews dominate, from point-of-sale card-theft specialists to today’s social-engineering and data-extortion groups. Only 2 of 20 profiled actors bring a state agenda.
43 / 75
ADVERSARIES TARGETING
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Nation-state + high visibility
Sports & Entertainment
A smaller but sharp lane with an unusually high mix of nation-state and high-profile actor interest. You may be defending a high-visibility environment with geopolitical attention and exposed people, which generic MDR misses.
ATHANOR · Criminal extortion alongside Russia-nexus operations against international sporting bodies and China-nexus interest in gaming.
22 / 75
ADVERSARIES TARGETING
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Disruption + theft
Manufacturing
Criminal ransomware and nation-state espionage collide here: a two-front risk of operational disruption and strategic IP theft. The conversation is which actors target manufacturing, how they get in, and whether detection matches those paths.
ATHANOR · Ransomware-led: 37 of the 46 actors with stated manufacturing targeting run ransomware.
55 / 75
ADVERSARIES TARGETING
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Don’t see your sector?
The model travels. If your threat profile is real and consequential, we can map it. Best fit is about exposure and maturity as much as industry.
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