Data breach at LG

Maze Ransomware: It is a particularly sophisticated strain of Windows ransomware that has hit companies and organizations around the world and demanded that a cryptocurrency payment be made in exchange for the safe recovery of encrypted data. Apart from encrypting data from the companies, they exfilterate into the servers of other malicious hackers and then threaten to release them if the demanded ransom is not paid. More!

Three days back the maze ransomware released a press release in which they warned the companies to not try to recover information themselves because firstly they state that the maze locker can’t be decrypted without the assistance of maze team, and secondly companies would incur double or even four times the money and still would be standing in the same situation. Lastly in the press release, they mentioned about data leak of LG Electronics to take place soon, which has occurred now.

Image: Cyble

As per now, the ransomware operators have only released three screenshots as proof of the data breach. One of the screenshots seems to consist of LG Electronics official firmware or software update releases that assist their hardware products to work more efficiently. While the other screenshot seems to list out the source code of its products, as stated by Maze in their recent press release.

Images: Cyble

If appropriate actions are not taken by authorities, more data leaks will happen soon!

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