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UE26 · 2026RECAP

Modat at Underground Economy 2026

A closed-door conference for law enforcement, CERTs and threat researchers working on cybercrime infrastructure. Four days in Strasbourg, hosted at the Council of Europe.

Dates
7 to 10 September 2026
Where
Strasbourg, France
Organiser
Team Cymru
Modat
Gold Sponsor

What ran through it

  • Actor infrastructure
  • Trusted community
  • Work in progress, not finished cases
The Council of Europe hemicycle in Strasbourg, empty before a session, its curved rows of blue seats and wooden desks facing a podium. Screens either side carry the UE26 Underground Economy logo alongside the European Union and Council of Europe marks.

Recap

How it went

01

Soufian presented an ongoing investigation

A threat actor we are still tracking, presented as live research rather than a closed case. The questions afterwards were as useful to us as the session itself. The full write-up follows.

02

Karen, Vincent and Soufian were there across the four days

Time with partners and customers, and first conversations with researchers about where collaboration makes sense. Most started from a specific hunting problem, which is usually where the useful work begins.

03

A great community of like-minded people

UE runs on trust between people who mostly cannot discuss their work in public. That is what makes the corridor conversations worth as much as the programme, and why new faces and familiar ones end up in the same discussions.

Who was there

Pick up where we left off.

If you met us at UE26, or meant to, write to whoever is closest to your work.

Soufian El Yadmani

Soufian El Yadmani

Founder & CEO

He presented at UE26 and is the right contact for anything about the research itself, or about what Magnify sees across adversary infrastructure.

Vincent Thiele

Vincent Thiele

Co-Founder & COO

Runs strategy and operations, and has sat in the buying seat himself. The contact for partnerships and for where Internet Intelligence fits alongside what you already run.

Karen Sundermann

Karen Sundermann

Head of Public Sector

Works with CERTs, law enforcement and government teams on what it takes to get Internet Intelligence into operational use rather than a pilot.

Where we are going next

The FS-ISAC Americas Fall Summit in Austin.

See upcoming events →

Missed us at UE26?

Book a call and we will run the same walkthrough on your own data.

Underground Economy 2026 official site ↗

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