Updated on 2022-10-30: Pendragon being held to $60M ransom by dark web hackers
Pendragon, one of the U.K.’s largest car dealerships, said it was hit by the LockBit 3.0 ransomware gang, which demanded $60 million. CarDealer magazine said the incident began earlier in October. Pendragon has 160 showrooms around the U.K. In a tweet, @campuscodi says it’s one of the biggest demands seen, which may be because LockBit 3.0 knows about a shareholder letter that said Pendragon received an “unsolicited proposal” to be acquired. Read more: Pendragon being held to $60m ransom by dark web hackers
Pendragon, one of the UK's largest car dealerships, said it was hacked and held for ransom by the LockBit ransomware gang, which requested a whopping $60 million to decrypt the company's files—one of the largest ransomware demands ever reported.https://t.co/HPhpx7gcHL pic.twitter.com/S1x4VmAAlC
— Catalin Cimpanu (@campuscodi) October 23, 2022
Overview: $60mil ransom demand
Pendragon, one of the UK’s largest car dealerships, said it was hacked and held for ransom by the LockBit ransomware gang, which requested a whopping $60 million to decrypt the company’s files—one of the largest ransomware demands ever reported. Read more: Pendragon being held to $60m ransom by dark web hackers
$60 million LockBit ransom demand is due to the fact that LockBit knows Pendragon received an unsolicited cash offer to purchase the company a few weeks ago.
Pendragon letter issued to employees and shareholders.#cybersecurity #infosec #LockBit https://t.co/U4Rv0yw9EC pic.twitter.com/G4f412ZEqU
— Dominic Alvieri (@AlvieriD) October 21, 2022
