![]() ![]() The eye-watering ransom demand is just one of the costs of an attack like this. The ransomware group claims to have stolen contracts, client information, non-disclosure agreements, correspondence, and more, all of which are now on sale. Publishing data like this is normally a sign that negotiations have broken down or that the victim does not intend to pay. On February 28, the LockBit ransomware group published details of the attack on Pierce Transit, along with a public demand for just shy of $2 million in return for the stolen data. And it hasn't tempered its ambitions in 2023-last month it tried to get $80 million out of UK’s Royal Mail, but was politely shown the door by its negotiator. The largest ransom demand it made in 2022 was a staggering $50 million. It accounted for almost a third of all known RaaS attacks last year, peaking at almost half of all known ransomware attacks in September 2022. The attack began on February 14, 2023, and required Pierce Transit to implement temporary workarounds, to maintain the service of the transit system which transports around 18,000 people every day.īased on the number of known attacks, Lockbit has been the most widely used ransomware-as-a-service (RaaS) for some time now. Pierce Transit is a public transit operator in Washington state. The Pierce County Public Transportation Benefit Area Corporation (Pierce Transit) has fallen victim to a cyberattack using LockBit ransomware. ![]()
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