The Royal Mail, which is still experiencing complications as a result of last month’s cyberattack, has revealed what the LockBit ransomware gang claims to be the detailed transcript of its negotiations with Royal Mail.
According to reports, Royal Mail rejected an $80 million (£66 million) ransom demand from the LockBit ransomware gang, declaring that it would “under no circumstances” pay the “absurd amount of money” demanded.
This is in regard to what appear to be chat logs that LockBit disclosed and were published on February 14, documenting weeks of thorough negotiations between LockBit and its victim, who was attacked on January 10.
The chat logs negotiating the ransoms are apparently the first pieces of information LockBit released following the cyberattack on Royal Mail, that halted the British postal service from sending certain products overseas. This is in spite of earlier threats by the ransomware group with ties to Russia to expose all stolen data on February 9.
The records seem to indicate that this was the last day of negotiations between LockBit and Royal Mail. Screenshots from LockBit’s dark web leak site that was reviewed by TechCrunch reveal that talks started on January 12, two days after the U.K. postal company acknowledged that it had been compromised.
If the chat logs are legitimate, they indicate that LockBit demanded a grand total of $80 million as a ransom payment, which equals 0.5% o
[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.
Read the original article: