‘All we have had is losses’: Royal Mail dismisses ‘absurd’ $80m ransom demand

‘Under no circumstances will we pay that absurd amount,’ delivery firm says, telling hackers it is not the booming company they think

Royal Mail rejected an “absurd” ransom demand for $80m (£67m) from hackers linked to Russia, according to transcripts that offer a rare glimpse into negotiations when companies are hit by a ransomware cyberattack.

The delivery company has been battling a ransomware attack since January, when the LockBit group hacked into its software and blocked international shipments by encrypting files crucial to the company’s operations.

Continue reading…

4028

537

Subscribe

Connect with

Login

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Notify of

new follow-up comments new replies to my comments

Label

{} [+]

Name*

Email*

Website

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Label

{} [+]

Name*

Email*

Website

0 Comments

Inline Feedbacks

View all comments