Hackers Threaten to Leak South Africa’s Private Financial Data, Demand R1.1 Billion Ransom

In a recent cyber threat, hackers have threatened to release all of South Africa’s private financial data unless TransUnion and Experian, the two biggest consumer credit reporting companies in the country, agree to pay ransom of R1.1 billion.  

The companies – TransUnion and Experian – were the ones that were hit by the cybercrime attack. 

According to Times Live, the hackers, the Brazil-based N4ughtySecTU Group, who had previously breached TransUnion’s security and firewalls, claimed to have successfully evaded the safeguards of the company once again, following which they stole the data.  

Apparently, the hackers have demanded $30m [about R565m] from TransUnion and $30m from Experian.

The hackers, in a message sent to the managers and directors of the impacted companies, stated: “Ensure your response teams contact us on Session [a private communication platform] for payment instructions.”

While acknowledging the demands, TransUnion and Experian refuted the group’s allegations of an ongoing hack on their systems.

“Following recent media coverage, TransUnion South Africa confirms it is aware of a financial demand from a threat actor asserting they have accessed TransUnion South Africa’s data. We have found no evidence that our systems have been inappropriately accessed or that any data has been exfiltrated,” TransUnion said.

“We’ve likewise seen no change to o

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