German DAX company Continental has fallen victim to a ransomware attack and the captured data is apparently being offered for sale by cybercriminals. The company is covered: The investigation into the incident is still ongoing and is being conducted with the highest priority, Continental said Tuesday.
The company said last week that investigations with the help of external experts showed that the attackers could have stolen some of the data. According to a report by Handelsblatt and Heise Online, the hackers have now published a list of file titles on the dark web while trying to sell the stolen data for $50 million.
Eight gigabytes of data as a ‘taster’
The preview data volume totaling 40 terabytes stolen by a ransomware group called “Lockbit 3.0” is a file of almost eight gigabytes in size. It contains confidential information about strategy and investment plans, communications from the supervisory board and personal data from Continental itself, but also technical content about customers of the car supplier such as Volkswagen, Mercedes-Benz and BMW is offered for sale.
Continental itself provided information about the cyber attack at the end of August. At the time, it was said the attack was aborted, business operations were not affected, and no third-party systems were affected.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
