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Thursday, November 7, 2024

Bread over Bitcoin? Hacking group asks for $125,000 ransom to be paid in baguettes


WTF?! What would you quite have: $125,000 price of crypto or crusty French bread? It seems that one ransomware group is an even bigger fan of the latter, having demanded that cost for the 40GB of compressed information it stole be paid in baguettes.

Hellcat, a newly shaped ransomware group, claims it’s behind the cybersecurity incident being investigated by Schneider Electrical. The French multinational vitality administration firm has confirmed a developer platform was breached.

“Schneider Electrical is investigating a cybersecurity incident involving unauthorized entry to considered one of our inside venture execution monitoring platforms which is hosted inside an remoted setting,” Schneider Electrical advised BleepingComputer. “Our World Incident Response crew has been instantly mobilized to answer the incident. Schneider Electrical’s services and products stay unaffected.”

As is normally the case with these incidents, Hellcat says it should delete the 40GB of compressed information it stole from Schneider Electrical if a ransom is paid. In any other case, will probably be made public. The pilfered recordsdata comprise important information, together with initiatives, points, and plugins, together with over 400,000 rows of consumer information.

Hellcat leaked information on Monday that the group claimed belonged to Jordan’s Ministry of Training and Tanzania’s Faculty of Enterprise Training.

Hellcat is asking for $125,000 to delete the info. It stated that if Schneider publicly admits to the breach, it might reduce the ransom demand in half to $62,500.

Nonetheless, quite than demanding the cash in crypto, as is the norm, Hellcat is asking for it to be paid in baguettes.

With the typical value of a typical baguette in France at €1.07, or roughly $1.09, Schneider would want at hand over a minimum of 58,715 of those lengthy French loaves.

It’s presumed, after all, that the demand for the baguettes was only a joke, sadly. There is a cryptocurrency referred to as Baguette, however its complete provide is just price barely greater than $45,000, so Hellcat was unlikely to be referring to that obscure token. Furthermore, a publish on X exhibits the group asking for $125,000 in Monero, the crypto that’s well-liked in cybercrimes resulting from its enhanced privateness and anonymity.

Final week, it was reported that 2024 is ready to be one other record-breaking yr for ransomware assaults, with victims handing over extra money than ever earlier than. That is regardless of a number of incidents of authorities shutting down main ransomware operations this yr, together with the seizing and disruption of LockBit.

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