A group of cybercriminals called Mogilevich has reportedly hacked into the servers of Epic Games, a popular American game developer, and stolen around 200GB of data. They had set a deadline of March 4th for their ransom demands to be met or they will release the stolen data, which includes sensitive information like emails, passwords, payment details, and source code, on the dark web for a price of 50BTC (approximately $2.5 million).
What’s Happening & Why This Matters
This cybercriminal group is said to be behind the recent attack on Infinity USA, a subsidiary of Nissan, and has ties to the Rhysida Ransomware group, which was involved in the 2023 hack of Insomniac Games. This incident highlights the indiscriminate targeting of cybercriminals and the serious disruptions they cause across various sectors.
Epic Games, known for its popular title Fortnite, is the fourth target of the Mogilevich ransomware group. This attack comes at a crucial time for the company, following Disney’s hefty investment of $1.5 billion and their planned re-entry into the European iOS market by September 2024.
t/f Summary: What’s Next
The cyberattack on Epic Games by the Mogilevich ransomware group highlights the continued threat to the security and integrity of sensitive data. It also underscores the indiscriminate targeting across various sectors. In light of these developments, it is crucial for companies to prioritize cybersecurity measures to protect themselves from such attacks in the future.