Security News > 2020 > June > Ransomware Operators Claim They Hacked LG

The cybercriminals behind the ransomware known as Maze claim to have breached the systems of LG Electronics and obtained highly sensitive information.

The operators of the Maze ransomware are known for targeting major organizations and not only encrypting their files, but also stealing files and threatening to make them public unless a ransom is paid.

The hackers recently claimed to have breached LG and they posted a few screenshots apparently showing files taken from the electronics giant's systems.

The cybercriminals said they obtained the source code of a product developed by LG for a major telecommunications company.

A statement published earlier this week by the Maze hackers on their website - the link to the site was provided to SecurityWeek by digital risk protection solutions company Digital Shadows - warns victims of the Maze ransomware that not paying the ransom will cost them much more than the actual ransom.

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