Thursday, June 24, 2021
pool-ads
Home Latest News Policy and regulation Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report...

Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

Kia Motors America has allegedly fallen victim to a ransomware attack demanding more than $20 million-worth of bitcoin.

BleepingComputer reported on Wednesday that the ransomware group DoppelPaymer is demanding 404.5833 BTC (currently valued at $20,844,336) to pay for a decryption tool or stolen data will be shared to the public.

According to Coindesk, this amount demanded would rise to 600 bitcoins (over $30 million) if not paid within 10 days.

Kia Motors America is suffering a severe IT outage taking its website, phone services and web systems offline.

BleepingComputer stated that it had “obtained a ransom note that we were told was created during an alleged Kia Motors America cyberattack by the DoppelPaymer gang.”

Later, the auto firm told BleepingComputer that it has no evidence that it has suffered a ransomware attack.

Per the report, it is unclear what data the group might have stolen.

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

SourceCoinDesk

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
magazine-ads

Must Read