Boeing refused to pay $200 million ransomware demand from LockBit gang

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Boeing has confirmed that it acquired a requirement for an enormous $200 million after a ransomware assault by the infamous LockBit hacking group in October 2023.

The firm confirmed its hyperlink to the indictment of Dmitry Yuryevich Khoroshev, who was recognized this week by the US Department of Justice because the true id of LockBitSupp, the kingpin of the LockBit gang.

The indictment particulars Khoroshev’s alleged felony actions and references “a multinational aeronautical and protection company headquartered in Virginia” that acquired a ransom demand equal to roughly $200 million.

Although unnamed within the indictment (the corporate is known as a “Victim-15”) Boeing confirmed to Cyberscoop that it was the organisation which was being described.

If the $200 million determine is correct, it could be one of many very highest ransom calls for ever made by cyber-extortionists.

In late October 2023, LockBit’s leak website introduced that it had exfiltrated a “great quantity of delicate information” from Boeing and threatened to publish it if cost was not made by 2 November 2023.

At the time, Boeing stated that attackers had impacted its elements and distribution enterprise, however that there had been no compromise to plane or flight security.

Ultimately, LockBit did publish some 43GB of information they claimed had been stolen from Boeing, claiming that negotiations with Boeing for the ransom cost had damaged down.

Boeing deserves credit score for not caving to stress from its LockBit attackers. It appears the extortionists bit off greater than they may chew when asking for such an astronomical ransom cost.  The overly-optimistic demand possible fell flat as a result of the hackers overestimated the stolen info’s price.

Earlier this week, worldwide regulation enforcement companies introduced that sanctions had been positioned on Khoroshev by the United States, UK, and Australian authorities.

LockBitSupp, in the meantime, has posted denials that their true id is Dmitry Yuryevich Khoroshev and says that regulation enforcement companies have gotten the fallacious particular person of their sights.

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