3 mo. ago • 97%

PandaBuy pays ransom to hacker only to get extorted again

www.bleepingcomputer.com PandaBuy pays ransom to hacker only to get extorted again

Chinese shopping platform Pandabuy told BleepingComputer it previously paid a a ransom demand to prevent stolen data from being leaked, only for the same threat actor to extort the company again this week.

LOL

Data Breaches @lemmy.zip PandaBuy pays ransom to hacker only to get extorted again

21 comments

Never pay ransomware. Just write the data off. Learn how to take decent backups

101
- It's bad business to not be honest and trustworthy. If a hacker group is known to always give back the data and not strike twice, they are obviously much more likely to get paid. No one's paying someone known for ripping off. We see this in company ransomwware all the time. They are friendly, helpful in explaining the breech, and professional. If they were the opposite, they'd be broke.
  
  52
  
  It's an interesting dynamic where the ransomware groups have to be reliable and professional for their business model to work.
  
  34
- The article says that they weren't paying to recover their only copy of data, but to prevent it from being leaked:
  
  to prevent stolen data from being leaked
  
  Backups (or more backups) wouldn't have helped.
  
  44
- Not ransomware but just ransom to data exfil by a vulnerable API. But paying is still a dumb idea.
  
  16
  
  Permanently Deleted
  
  -4
- I mean news like this is the best way to stop people paying, I hope every business that doesn't pay sends the hackers this article and says this is why
  
  5
- Permanently Deleted
  
  -7
  
  How is someone getting control of their data by paying a ransom?
  
  The opposing actor still has your data, so it doesn't really matter how much you pay, you'll never be able to mitigate that security issue, surely?
  
  3
Are ransom attacks on the rise in recent months? Any sites that track these sort of things?

8
- I’m also curious. A quick search came up with these. Not sure which one is most reliable/updated
  
  https://www.comparitech.com/blog/information-security/global-ransomware-attacks/
  
  https://www.comparitech.com/ransomware-attack-map/
  
  https://cissm.liquifiedapps.com/
  
  https://cybermap.kaspersky.com/special/ransomware
  
  6
- Anecdotally, the Seattle Public Library is currently recovering from a ransomware attack and still has major systems offline. Of all targets, a public library is a pretty major low.
  
  4
- Closest I can think of would be haveibeenpwned.
  
  4
- Shameless promo !databreaches@lemmy.zip
  
  3
Isn't the next step to take the same amount of money and offer it to any bounty hunter that brings back the heads of the hackers (with sufficient evidence to link the heads to the attack)?

Maybe I watch the wrong movies.

3
Wasn’t panda buy also recently targeted by a joint investigation from Nike and the Chinese government which led to the seizure of many warehouses for counterfeited items?

2
exposing customer names, phone numbers, email addresses, login IP addresses, home addresses, and order details.

So, nothing important? You know what else has names, phone numbers, home addresses, etc? Publicly available databases. It's called a phone book. IP addresses? Please. It's not static anyway and it might just lead to a VPN.

-17
- To prove your point, please dox yourself.
  
  I'd be interested in your full name, address, your phone numbers, your email adresses, birth date and credit information (which is probably in the order details)
  
  15
- It's what they can do with all of it together. Particularly about calling you and pretending to be a real company, phishing you, because if they called your phone and confirmed your email, name, and home address and order details with you, then it's likely many people would believe them.
  
  7

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