Hackers demand $50 million ransom from MediaMarkt

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Those cybercriminals who are responsible for the cyberattack on MediaMarkt have largely shut down their business as a result of a ransomware attack. The attackers demand $50 million in bitcoin in ransom. Negotiations regarding the ransom amount are currently underway.

This is apparent from research by RTL Nieuws.

Yesterday RTL Nieuws revealed that the MediaMarkt was the target of a cyber attack. The company spokesperson could not confirm at the time whether it was a ransomware attack or whether something else was going on. Employees confirmed anonymously that everything was ‘encrypted’.

In an internal email to employees, the company requested that the internet cables be disconnected from the tills and not reboot the systems. Customers can go to the stores to buy new products. Picking up orders or returning products is still not possible due to the attack. Branches in the Netherlands, Belgium, Luxembourg and Germany were the victims of the attack.

We are now a day further and more details are coming out about the cyber

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