A new threat analysis report released on October 29, 2025, revealed that cybercriminals are increasingly exploiting trusted cloud platforms, including Figma, for sophisticated phishing and ransomware campaigns. The report from ANY.RUN, a malware analysis firm, details how threat actors are misusing legitimate services to bypass security measures and target organizations worldwide. The abuse of Figma's platform for malicious activities represents a growing challenge for the company, as it seeks to maintain the integrity of its services. While the news does not indicate a direct security breach of Figma's own infrastructure, the association of its brand with cyberattacks could pose a reputational risk. There is no market reaction analysis available at this time regarding this specific announcement.