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Home News Cyber Security News

Capcom ransomware hackers demand $11 million in BTC

Kamsi King by Kamsi King
November 7, 2020
in Cyber Security News
2 min read
Cyber security
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  • Capcom attacked by ransomware hackers 
  • Over 2 terabytes of information currently held by the hackers

Hackers are on the prowl again, and this time, the victim is gaming giant, Capcom. 

Capcom has recently been the victim of a ransomware attack in which the hackers are requesting for over $10 million in Bitcoin.

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The gaming giant that blessed us with games like Devil May Cry, Resident Evil, Megaman, and Street Fighter, announced that hackers were attacking its system. The company did not give any information about the nature of the attack.

The firm’s statement made it known that it would be pausing some of its operation and it would be notifying the necessary bodies about the attack.

The statement also said that the attackers had gained access to the firm’s file servers and mailing system. 

According to a cyber-security expert, Capcom is currently being attacked by ransomware developed by the Ragnar Locker group. He was able to make this deduction after he analyzed a part of the ransomware code.

He went on to add that at least 2000 devices have been encrypted on the firm’s network. And the attackers are requesting over $10 million in Bitcoin to decrypt the information. Presently, the firm is unable to access over 2 terabytes worth of information.

Capcom, the new victim

Recently, there has been a surge of hacks and attacks in which the hackers request for payment in crypto currency.

You will recall that President Trump’s campaign website also suffered a recent attack from hackers who asked the website visitors to vote in the privacy crypto asset, Moreno.

The hackers had claimed that they had access to sensitive information which they wanted to release to the world.

Twitter had also been a victim of hackers as the social media site was used to perpetrate one of the biggest crypto frauds in a recent while.

Kamsi King

Kamsi King

King Kamsi is a fintech and digital currency writer and enthusiast. He is keenly interested in blockchain and cryptocurrency and their global adoption. When not busy with writing, he can be found hobnobbing in forums with the best minds in crypto, both developers and startup founders.

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