The hacker, believed to be a member of the ShinyHunters hacking group, initially demanded $1 million but settled for the lower amount after negotiations. AT&T made the payment on May 17th in the form of 5.7 bitcoin, which was then worth over $370,000. The company requested video proof of the data’s deletion as part of the agreement.
Related Posts

AI – powering cybersecurity in the digital age
When we make an online purchase, the e-commerce company’s server might be located somewhere overseas. Our payment is routed to…

Mphasis and SecPod announces strategic security partnership
Mphasis, an IT solutions provider specializing in cloud and cognitive services, has partnered with SecPod, a SaaS-based cybersecurity company, to…

VDC research highlights Kaspersky in the OT cybersecurity market
Kaspersky has been recognized by VDC Research for its strong position in the rapidly growing OT cybersecurity market. The company’s…