"BlackCat Ransomware Criminals Threaten to Directly Extort Victim's Customers"

The AlphV/BlackCat ransomware group claims to have infiltrated the systems of the accounting software vendor Tipalti and plans to "go direct" to the company's clients to extort them. BlackCat says it has exfiltrated over 265GB of "confidential" data belonging to the company, its employees, and its clients. Based on their apparent understanding that Tipalti's cyber insurance policy does not cover extortion and an evaluation of its internal discussions, the criminals believe their chances of receiving an extortion payment directly from Tipalti are low. Instead of using extortion tactics on Tipalti, the group says it would extort the vendor's clients directly, threatening to start with Roblox and Twitch. This article continues to discuss the AlphV/BlackCat ransomware group claiming to have attacked Tipalti and its plans to directly extort the company's customers.

The Register reports "BlackCat Ransomware Criminals Threaten to Directly Extort Victim's Customers"

Submitted by grigby1