Cheap to Find · Issue 2 · Charles & Keith
The first place I'd look
Charles & Keith said in September that a cybersecurity incident affected some of its servers; a ransomware group has claimed it, and the company hasn't said how they got in. Bucket: not disclosed - though that group usually gets in through an unpatched firewall or VPN.
By Ethan Seow ·
In September, Charles & Keith said a cybersecurity incident had affected some of its servers.
What happened
Stores and online kept running. The company reported the matter to the authorities, brought in forensic specialists and started telling people what data might be involved. No evidence of misuse so far, it said.
Two days later, a ransomware group called The Gentlemen listed the company on its leak site. That’s their claim. Charles & Keith hasn’t said who it was or how they got in.
The bucket: not disclosed
We don’t know how they got in, so it goes under not disclosed - not under a guess.
Where AI comes in
What we do know is how that group usually works, because its own systems were hacked in May and Check Point read the leaked chats. They get in “almost always through an unpatched internet-facing device” - VPNs and firewalls - or with bought or stolen logins.
None of that is new. One of the firewall flaws Check Point says they use was published in January 2025, and the fix has been out since then. What’s changed is how cheap it is to go looking for the companies that haven’t applied it - and this group uses AI to move faster. Their administrator built their whole ransomware admin panel in three days with it.
That doesn’t tell us what happened at Charles & Keith. But it’s the first place I’d look in any company.
What I’d do
- Patch internet-facing devices first, especially VPNs and firewalls.
- Assume some logins are already stolen - multi-factor everywhere, and watch for odd sign-ins.
- Make sure your backups are offline and separate, because this group goes after them.
The tally - Singapore, 2026, as of 7 November 2026
| Bucket | Cases |
|---|---|
| Not patched | LiteLLM |
| Vibe-coded | Bee Cheng Hiang |
| Not meticulous | SLA · Bee Cheng Hiang |
| Not disclosed | Doctor Anywhere · M1 · MoneySmart · Alliance Medinet · SIMBA · Avelogic · Charles & Keith · Love, Bonito |
Bee Cheng Hiang counts twice. Charles & Keith hasn't said how it was breached; the group that listed it usually gets in through unpatched devices, but that's not the same as knowing. Love, Bonito said "a website vulnerability" and not which. Doctor Anywhere said "the identified vulnerabilities" were secured, and not which. M1 hasn't said how it was breached. 5 of these came through a supplier: Doctor Anywhere (via Adept Health), Alliance Medinet, Avelogic, SLA (IBM-managed environment), LiteLLM.
In the book - Practical Cybersecurity Decisions: Chapter 4b, Devices - regular updates and patch management, and the copied-key metaphor in Chapter 1: "We need to patch our VPN" means change the lock.
Sources
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