A cybercriminal gang that hacked a major entertainment law firm claims it will release information on President Donald Trump if it doesnโt receive $42 million in ransom.
The group, a known criminal enterprise, didnโt offer any proof it had information compromising to Trump.
It did, sed, release a large set of stolen files from the law firm, Grubman Shire Meiselas & Sacks.
The law firm said that Trump is not a client and has never been.
A spokesperson for the firm said it wasn’t clear which of its clients have been compromised.
The group uses ransomware to break into a victimโs networks and encrypt them, demanding a fee to unlock them.
If the victim doesnโt pay up, the group slowly leaks out unencrypted versions of files stolen from those networks to prompt payment.
The criminal group posted on its blog a threat to publish files related to Trump. โThe next person we’ll be publishing is Donald Trump. There’s an election race going on, and we found a ton of dirty laundry on time,"
The group wrote, giving a one-week deadline. โAnd to you voters, we can let you know that after such a publication, you certainly don’t want to see him as president."
Grubman, Shire, Meiselas & Sacks said in a statement Friday that law firms have not been immune to escalating attacks by foreign cybercriminals.
โDespite our substantial investment in state-of-the-art technology security, foreign cyberterrorists have hacked into our network and are demanding $42 million as ransom,” it said.
“We are working directly with federal law enforcement and continue to work around the clock with the worldโs leading experts to address this situation.”
Source: thecybersecurityhub.com
