AT&T Bribed Hacker $370,000 in Bitcoin to Delete Stolen Customer Data 💰

Discover how AT&T paid a hacker $370,000 in Bitcoin to erase sensitive customer information stolen earlier this year, raising serious cybersecurity concerns.

AT&T Bribed Hacker $370,000 in Bitcoin to Delete Stolen Customer Data 💰
Benzinga
1.7K views • Jul 15, 2024
AT&T Bribed Hacker $370,000 in Bitcoin to Delete Stolen Customer Data 💰

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AT&T paid a hacker around $370,000 in Bitcoin to delete customer data that was stolen from the company earlier in 2024. The hack was part of a larger hacking spree in 2024 that compromised over 160 companies using stolen Snowflake employee credentials. AT&T negotiated the ransom through a security researcher intermediary called "Reddington" on behalf of the ShinyHunters hacking group. Reddington believes the only complete copy of the stolen AT&T data was deleted, but excerpts may still exist elsewhere. Reddington also negotiated ransoms for other companies hacked in the same spree.

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Jul 15, 2024

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