Russia-based cyber gang claims massive hack

A notorious Russia-based cybercrime gang (‘Clop’) is threatening to publish data stolen from “hundreds” of organisations this Wednesday (14 June), unless the victims start ransom negotiations beforehand.

For its attack, Clop (again) exploited a vulnerability in a popular file transfer platform.

So its list of victims is long and getting longer. It includes the BBC, British Airways, Canada’s Nova Scotia province, the US state of Illinois, and more.

Intrigue’s take: Meanwhile, the list of options for victims is grimly short:

  • Refuse to pay, and watch reams of your data go public, or
  • Pay the ransom, but embolden cyber criminals in the process.

For everyone else, the lesson is clear and getting clearer: yes, cybersecurity is expensive. But not having it is even costlier.

Also worth noting:

  • Clop issued instructions to victims via a blog post. It’s possible the sheer number of victims made individual ransom emails impractical.
  • Clop conducted its attack over the Memorial Day weekend. Hackers often attack during holidays when staffing is reduced.
Latest Author Articles
The world just broke four big energy records

The annual Statistical Review of World Energy just dropped its 73rd annual edition over the weekend, but if you haven’t heard of it, don’t feel bad.

24 June, 2024
5 things in the inbox of NATO’s next chief, Mark Rutte

Outgoing Dutch leader Mark Rutte will soon become NATO’s new secretary-general, after his only competitor (the president of Romania) quit the race yesterday (Thursday). Marky-mark will start in his new role in October. 

21 June, 2024
The four most intriguing lines from Switzerland’s ‘Summit on Peace in Ukraine’

Around 100 countries wrapped up the two-day ‘Summit on Peace in Ukraine’ in the Swiss ski resort of Bürgenstock yesterday (Sunday).

17 June, 2024
Milei drags his reforms through the senate

With protests roaring outside, 13 hours of debate came to an end inside Argentina’s senate yesterday (Thursday) when Vice President Victoria Villarruel broke a tie, passing a package of watered-down economic reform bills, 37-36.

14 June, 2024