Hackers Demand $7.7M In Bitcoin From Pakistan’s Largest Power Provider

Two important NetWalker ransomware assaults have surfaced prior to now week. After Argentina’s official immigration company suffered a hack demanding $four million in Bitcoin, a latest report revealed that Pakistan’s largest energy producer was compromised. The perpetrators demand as much as $7.7 million in BTC.

$7.7M In BTC Demanded From Pakistan Power Producer

The cybersecurity web site Bleeping Computer reported earlier that the only real electrical energy supplier for Karachi, Pakistan, particularly Okay-Electric, has suffered a ransomware assault. Okay-Electric provides energy to over 2.5 million residents, however the hack has not affected these companies. Instead, the perpetrators have focused the web billing platform, and customers couldn’t function the web site.

Bleeping Computer famous that that they had seen a fee web page offered by the attackers to Okay-Electric. It reportedly employed the nameless Tor browser and mentioned that the preliminary demand is value $3,850,000 or 382.8179 bitcoins.

However, if the fee will not be transferred earlier than September the 15th, it should double to $7.7 million (or 765.6358 BTC).

Tor Payment Page For KE. Source: BleepingComputer
Tor Payment Page For KE. Source: BleepingComputer

Further beneath, the perpetrators have written that that they had stolen unencrypted recordsdata from KE earlier than executing the assault, with out disclosing the character of the recordsdata.

Discovered in August 2019, the NetWalker ransomware assault was initially dubbed Mailto, based mostly on the extension appended to the encrypted recordsdata. It compromises the sufferer’s community and encrypts all Windows gadgets related to it.

Upon getting access to the servers, the perpetrators depart a observe demanding a ransom. In latest months, the attackers have requested the funds to be transferred primarily through bitcoins.

According to John McAfee’s former cybersecurity firm named after him, NetWalker ransomware assaults have generated over $25 million since March this 12 months.

Argentina’s Immigration Agency Hit As Well

Just a few days previous to KE, Direccion Nacional de Migraciones – Argentina’s immigration company – suffered a NetWalker ransomware assault as properly. An area cybercrime company printed a prison criticism asserting that the hack had quickly halted border crossing into and in a foreign country.

The perpetrators’ process was comparable. They offered a Tor fee web page initially demanding $2 million in Bitcoin. However, because the victims didn’t cowl the ransom, it doubled after seven days to $four million (about 355 BTC).

The hackers additionally threatened to launch delicate info stolen from the company if the $four million are usually not paid.

Another comparable assault occurred this summer time and concerned the University of California in San Francisco. As CryptoPotato reported, the attackers negotiated for over every week with a negotiator representing the college and finally took 116 BTC.

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