Hackers demand $1m from Shirbit insurance firm

A demand for the bitcoin equivalent of $1m by Thursday was presented to the Shirbit insurance company by the “Black Shadow” hacker group after it published a batch of files with the private data of customers and staff. If the sum is not paid on time, the hackers threaten, it will be doubled and more data released.

Ransomware attacks everywhere reached a new high during the coronavirus pandemic since when many people began working from home. As it spreads, the US Home Security Dept is urging victims not to pay up, as the only way to stop the cycle. It is a fact that the hackers are rarely caught.