Hackers Demand $125K in French Bread in Crypto Ransomware Attack

Hackers Demand $125K in French Bread in Crypto Ransomware Attack

Summary

A ransomware group named Hellcat has targeted Schneider Electric, demanding $125,000 worth of baguettes or risk leaking 40GB of stolen private data. The group, represented by a user named Grep, claims to have accessed sensitive customer and operational information. Reports indicate that the group is also willing to accept Monero, a privacy-focused cryptocurrency, instead of bread. Schneider Electric is investigating the incident involving unauthorized access to an internal platform but states that its products and services remain unaffected. This marks the third cybersecurity breach for Schneider Electric in under two years, following previous attacks by Cactus and CL0P ransomware. The group claims to possess over 400,000 rows of user data and addressed its demands to the new CEO, Olivier Blum. Schneider Electric reported annual revenues exceeding $40 billion.

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