Recently two ransomware gangs reportedly were able to hack into the electronics giant, LG, and Japanese multinational car-maker , Mitsubishi and the hackers are now scamming both companies with data leaks.
Screenshots posted to the gang’s blog reveal several files, along with the source code from the attack.
LG Hasn’t Addressed Any Official Statement Yet
At the reporting time, the electronics giant has not addressed the incident officially. However, a recent press release from the ransomware gang alleges that the hackers managed to steal over 40GB of source code from the manufacturer.
On the other hand, Brett Callow, threat analyst and ransomware expert at malware lab Emsisoft, added that the alleged proofs don’t prove much at all:
“What, if any, data the criminals obtained within the alleged attack is unclear. they seem to be insinuating they possess the source code for one or more of LG’s products, perhaps phones, which could potentially represent a security risk to users of those devices.”
Mitsubishi Hasn’t Addressed Any Official Statement Yet
DoppelPaymer has also attacked another renowned car manufacturer Mitsubishi. They have listed this data on the darknet also, with screenshots of their alleged stolen data.
The gang warned:
“WHITE paper? Still More to come here, LOT of we still have.”
Increasing Ransom Payments Are Motivating Hacking
Callow also added some figures from Emsisoft about ransom demands paid amount in 2019, that’s indeed motivating the gangs to stay launching the attacks just like the one made against Mitsubishi:
“We estimate that over $25 Bln in ransom demands was paid in 2019, and therefore the figure will likely be considerably higher in 2020 – especially as the avg amount demanded has been steadily increasing in recent years. This level of profit provides the criminals with significant motivation and significant resources to take a position in ramping up the size and class of their operations. The only option to stop these kinds of attacks is to make them unprofitable, which suggests that companies must bolster their security so as to not find themselves within the position of requiring to pay any ransoms.”
However at the reporting time, Mitsubishi also hasn’t provided any official statement about the ransomware attack yet.
Earlier also, the NetWalker ransomware gang had attacked Michigan State University, or MSU. At the time, the gang threatened to leak students’ records and financial documents.
Maze’s official dark web blog listed Threadstone Advisors, LLC together of their victims following an attack early June.