Live Breaking News & Updates on Extortion Plotexperts Say Attack

(Source: Panasonic)
In mid-October, a new post, written in Russian, appeared on a cybercriminal forum. It advertised network access to a large electronics manufacturer, including backups of corporate email and gigabytes of data.
The post warned that, if the unnamed company did not pay a $500,000 ransom within seven days, the data would be publicly released. It also said that a ransom note had been sent to the company’s corporate email addresses. The post also offered the data and access to the company’s network to anyone willing to pay $40,000 in the virtual currency bitcoin.
“The company is a shareholder and manufacturer of home electronics and electrical equipment,” the forum post said. “At least every five people know this company.” ....

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