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Israeli insurance company extorted by BlackShadow hackers

Israeli insurance company forced to pay $1 million to hackers

by Jade
December 4, 2020
in Cyber Bites
Tel Aviv city at night
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An Israeli insurance company has suffered a data breach with the attackers demanding almost $1 million in bitcoin as a ransom to prevent the companies stolen data being exposed. On November 30 the cybercrime group BlackShadow tweeted that they hacked into Shirbit, an Israeli insurance company, and had stolen files during the attack. “A huge cyberattack has been taken place by Black Shadow team. There has been a massive attack on the network infrastructure of Shirbit Company, which is in israel economic sphere,” the group tweeted.

Since the attack, the threat actors have done as they warned and have been slowly leaking the victim’s data on a Telegram channel which they have created for this purpose. The data stolen during the incident includes documents, email PST files, audio recordings, and passport images.

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