Ransomware, Threat Management, Malware

Stolen data from Continental ransomware attack for sale for $50M

The LockBit ransomware gang has been selling files stolen from German multinational automotive parts manufacturer Continental for $50 million, according to SecurityWeek. While Continental initially reported that the attack that compromised some of its systems has been averted, LockBit claimed responsibility for the attack and published exchanges indicating failed negotiations between both parties before releasing screenshots proving their possession of data stolen from Continental. LockBit's dedicated leak site for Continental was found to contain a timer for a Nov. 10 leak deadline, as well as three buttons, with the two buttons for destroying all information and downloading data costing $50 million each, while the other button, which could be opted to extend stolen file publication by 24 hours costing $100. "[Continental board chairman] Wolfgang Reitzle was a very greedy man, so we are ready to sell 40 terabytes of the company's private information in one hand for just 50 million dollars, with a list of stolen files you can read here," said LockBit on their website.

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