On May 11, 2026, our research team investigated a customer infected with a brand-new ransomware family called Prinz Eugen. The encryptor is freshly built, written in Go, and more technically deliberate than many first-wave ransomware samples. It performs recursive encryption, prioritizes recently modified files, uses ChaCha20-Poly1305 with integrity checks, and leaves no ransom note on disk. The first public report related to this family is dated April 16, when a public social media post noted that a new ransomware leak portal had appeared to extort Standard Bank Group, a leading financial institution in South Africa. We attributed the activity to the Prinz Eugen group because the encryptor appends the .prinzeugen extension to encrypted files. The term “Prinz Eugen” could refer to a German heavy cruiser that served during World War II. It is the first of several German references woven through this campaign.