Hackers' ransom demands have increased to eye-watering levels. Fears over leaked data force organizations to pay up.
Hackers took down a corporate travel company, and they made some huge demands.
The weapon of choice: Ragnar Locker Ransomware
One compromised, the hackers demanded CWT travel management pay as much as $10 million to restore files and delete the stolen copies.
The hackers claim they knocked 30,000 computers offline and stole 2 terabytes of sensitive data.
CWT disputes the loss of any Personally Identifiable Information, but they paid a hefty ransom to keep the cybercriminals silent.
After negotiations (see image below), they agreed to a payment of 414 Bitcoin, or $4.5 million.
Note the title "Support" in the above screenshot. These cybercriminals treat this as a business. With live support, they better ensure quick negotiations with their victims.
Some hacker organizations have even developed cybercrime cartels to pool resources and expertise. These are the next iterations of a wildly profitable part of the Internet.
The good news is that these hackers can be stopped.
Are you ready to take action?
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