PLAY
PLAYCRYPT
BALLOONFLY
300+ VICTIMS
Threat IntelligenceRansomwareFebruary 25, 202612 min read

Play Ransomware: Threat Intelligence Profile

Ransomware-as-a-Service operation using intermittent encryption technique with 300+ victims including City of Oakland, exploiting Fortinet and Citrix vulnerabilities.

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Play Ransomware (also known as PlayCrypt, tracked by Symantec as Balloonfly) is a Ransomware-as-a-Service operation active since June 2022. The group is known for its intermittent encryption technique that accelerates encryption speed while evading detection, and has compromised 300+ organizations including the City of Oakland. Play affiliates frequently exploit Fortinet and Citrix vulnerabilities for initial access.

Overview & Attribution

Play Ransomware appeared in June 2022 and quickly gained prominence for its use of intermittent encryption, a technique that encrypts only portions of files to speed up the encryption process while making file recovery equally impossible. The group maintains a data leak site and follows a double extortion model. Play has been linked to former Hive and Nokoyawa ransomware operators based on TTP overlaps and shared infrastructure. The FBI and CISA issued a joint advisory on Play in December 2023.

Threat Assessment

Play Ransomware has been active since June 2022, attributed to suspected Eastern European cybercriminals with links to former Hive operators. With 300+ victims across government, healthcare, and technology sectors, Play's intermittent encryption technique represents an evolution in ransomware evasion capabilities.

Arsenal & Tools

Play Ransomware employs a diverse arsenal of custom and shared tooling:

Targeting & Operations

Play affiliates target government, healthcare, manufacturing, technology, and telecommunications organizations, with a notable focus on North American and European entities. The group frequently exploits known vulnerabilities in internet-facing infrastructure including Fortinet FortiOS (CVE-2018-13379, CVE-2020-12812) and Citrix (CVE-2023-24955).

Operational Pattern

Play operations typically begin with exploitation of vulnerable Fortinet or Citrix appliances, followed by credential harvesting and Active Directory enumeration using custom (Grixba) and commodity tools. The group uses LOLBins extensively during lateral movement before deploying the encryptor via Group Policy. Ransom notes contain only an email address with no initial ransom demand.

MITRE ATT&CK Mapping

TacticTechniqueUsage
Initial AccessT1190 Exploit Public-Facing ApplicationExploitation of Fortinet FortiOS and Citrix vulnerabilities
ImpactT1486 Data Encrypted for ImpactIntermittent encryption technique for speed and evasion
ExecutionT1059 Command and Scripting InterpreterPowerShell and batch scripts for deployment
ExfiltrationT1048 Exfiltration Over Alternative ProtocolWinSCP and custom tools for data theft
DiscoveryT1087 Account DiscoveryGrixba, AdFind, and Bloodhound for AD enumeration
Defense EvasionT1562 Impair DefensesDisabling Windows Defender and security tools

Notable Campaigns

Play Ransomware has been linked to multiple significant campaigns:

Detection & Defense

Defend Against Play Ransomware

Mjolnir Security provides specialized capabilities to detect and respond to Play Ransomware operations.

APT DetectionThreat HuntingIncident ResponseMDR ServicesThreat Intelligence
  • Threat Hunting Proactive hunting for Play Ransomware TTPs, tooling artifacts, and infrastructure indicators within your environment.
  • Threat Intelligence Continuous monitoring of Play Ransomware campaigns and infrastructure changes with actionable intelligence for your defense team.
  • 24/7 Incident Response Rapid containment and forensic investigation. Call +1 833 403 5875.
Written by: Mjolnir Security  |  Published: February 25, 2026