The ransomware claim targets Propertyfinder / PropSpace CRM and is attributed to coinbasecartel, presenting an auction-like scenario that urges victims to place their bids now. The claim does not specify any impacted country. #Unknown

The UAE’s real estate sector has been shaken by a massive cybersecurity breach that has reportedly exposed millions of sensitive records. According to reports, the threat actor known as coinbasecartel claims to have stolen over 2 terabytes of data from Propertyfinder and PropSpace CRM, two of the region’s leading property platforms. This breach potentially compromises more than 10 million leads, property listings, and client details, raising serious concerns about data security, privacy, and trust in the UAE’s digital real estate ecosystem.

The Silent Strike in the Digital Night In the early hours of November 10, 2025, a chilling update emerged from the digital underground. The ThreatMon Threat Intelligence Team detected a new ransomware attack linked to a group known as CoinbaseCartel, a name already whispered with unease across cybersecurity networks. Their latest target? Propertyfinder / PropSpace CRM, a major player in the real estate technology market across the Middle East.

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