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Schneider Electric ransomware attack to cost $125k and more in Baguettes

  • A cybercriminal group known as Hellcat ransomware has attacked Schneider Electric, a French energy management company.
  • The group claims to have stolen approximately 60GB of data and is demanding a ransom of $125,000 in the cryptocurrency Baguettes.
  • Initial investigations suggest that the stolen data may be outdated and less valuable to the company.
  • The Hellcat ransomware group is known for targeting high-profile organizations and using double extortion tactics.

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