"Ransomware Gang Offers to Sell Files Stolen From Continental for $50 Million"

LockBit ransomware group is offering to sell files allegedly stolen from German car parts giant Continental for $50 million.  Continental reported in August that it had been targeted in a cyberattack that resulted in hackers accessing some of its systems.  The company said at the time that the attack had been "averted" and that business activities were not affected.  LockBit recently revealed on its leak website that it was behind the attack on Continental and threatened to make public information stolen from the company.  Shortly after announcing the Continental hack, the cybercriminals published what appeared to be messages exchanged between them and the company's representatives.  The messages suggested that negotiations had failed.  The hackers have now published four screenshots demonstrating that they possess data from Continental systems.  In addition, the page dedicated to the automotive company now displays three buttons.  One of them can be used to extend with 24 hours the time until files are published, which costs $100. Two other buttons can be used to "destroy all information" or "download data at any moment." Both of these options have a $50 million price tag.  Given the ransom amount, the attackers likely believe the stolen information can be of great value to the victim's competitors.  The hackers claim to have stolen a total of 40 Gb of files, and the screenshots they have published suggest that they have gained access to technical documents and source code.

SecurityWeek reports: "Ransomware Gang Offers to Sell Files Stolen From Continental for $50 Million"