Security News > 2020 > July > Ransomware Operators Demand $14 Million From Power Company

Ransomware Operators Demand $14 Million From Power Company
2020-07-02 17:50

The threat actor behind the Sodinokibi ransomware is demanding a $14 million ransom from Brazilian-based electrical energy company Light S.A. The company has confirmed that it was hit with a cyberattack without providing specific information on the type of compromise, but AppGate's security researchers, who have obtained a sample of the malware believed to have been used in the attack, are confident that the incident involves the Sodinokibi ransomware.

The same web page reveals information about the attackers, clearly mentioning the name Sodinokibi, and attempts to persuade the victim to pay the ransom by promising full decryption of the affected data.

"The whole attack looks very professional, the web page even includes a chat support, where the victim can speak directly with the attacker," the researchers note.

Available under the RaaS model, Sodinokibi is operated by a threat actor likely affiliated to "Pinchy Spider," the group behind the GandCrab ransomware.

"Unfortunately, there is no global decryptor for the family, which means that the attacker's private key is required to decrypt the files," AppGate also notes.


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