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Cybercriminals Demand $11M in BTC From Gaming Giant Capcom

Cybercriminals Demand $11M in BTC From Gaming Giant Capcom
  • Cybercriminals demand $11 million in BTC from Japanese gaming giant Capcom.
  • A group that uses the ransomware known as Ragnar Locker illegally stole more than 1TB of files.
  • Capcom reported revenues of 94.5 billion yen in 2019.

Ransomware criminals demand $11 million in BTC from Japanese video gaming giant Capcom. In particular, this will stop them from leaking unauthorized attained Capcom confidential information to the public.

 Source: Independent Security Researcher
Source: Independent Security Researcher

Capcom recently experienced a security breach where a third party illegally accessed its internal network systems. A group that uses the ransomware known as Ragnar Locker illegally stole more than 1 TB of files. Additionally, they allegedly hacked more than 2000 Capcom servers.

These include accounting files, banking statements, financial reports, tax documents, and intellectual property. Also, proprietary business information, personal information of employees and customers, corporate contracts, emails, private chats, were stolen. As per the press release, Capcom notes that it,

Has halted some operations of its internal networks as of November 2nd.

However, the security breach did not affect any connections for playing the company’s games online or access to its websites. Presently, Capcom has reported the incident to authorities, and the investigation is ongoing. As of now, no updates have been posted by the company.

It is too early to say whether the raid was designed to steal sensitive information, deploy ransomware, or both.

Remarkably, Capcom reported revenues of 94.5 billion yen in 2019. This is close to $900 million at the time of writing. The company is a gaming developer of popular game franchises like Monster Hunter, Resident Evil, Devil May Cry, Mega Man, and Street Fighter.

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