@Variety — “#Hackers Reportedly Demand $21 Million From Entertainment Law Firm In #Data #Extortion Scheme”

Los Angeles, CA (Variety) — A cybercriminal ring claiming to have stolen a huge cache of data from a major media and entertainment law firm — whose clients include Bruce Springsteen, Madonna, Elton John and Lady Gaga — is demanding a $21 million ransom payment, according to a published report.

New York-based Grubman Shire Meiselas & Sacks this week confirmed its computer systems were hacked, an incident that allegedly resulted in the theft of 756 gigabytes of private documents and correspondence. It has declined to comment further.

“We have notified our clients and our staff [of the cyberattack],” firm said in a statement to Variety. “We have hired the world's experts who specialize in this area, and we are working around the clock to address these matters.”

The hackers issued a ransom demand of $21 million to the law firm, the New York Post reported Tuesday, citing an anonymous source. The attackers have threatened to gradually release batches of the purloined data if they don't receive payment. The firm is not negotiating with the cyberattackers, while the FBI is said to be investigating the case, the Post reported.

On Wednesday, the group apparently responsible for the attack tried to share an … Todd Spangler/@Variety

Source: Variety, full story


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