Article Details

Scrape Timestamp (UTC): 2024-11-05 21:53:59.251

Source: https://www.theregister.com/2024/11/05/schneider_electric_cybersecurity_incident/

Original Article Text

Click to Toggle View

Schneider Electric ransomware crew demands $125k paid in baguettes. Hellcat crew claimed to have gained access via the company's Atlassian Jira system. Schneider Electric confirmed that it is investigating a breach as a ransomware group Hellcat claims to have stolen more than 40 GB of compressed data — and demanded the French multinational energy management company pay $125,000 in baguettes or else see its sensitive customer and operational information leaked. And yes, you read that right: payment in baguettes. As in bread. Schneider Electric declined to answer The Register's specific questions about the intrusion, including if the attackers really want $125,000 in baguettes or if they would settle for cryptocurrency.  A spokesperson, however, emailed us the following statement: "Schneider Electric is investigating a cybersecurity incident involving unauthorized access to one of our internal project execution tracking platforms which is hosted within an isolated environment. Our Global Incident Response team has been immediately mobilized to respond to the incident. Schneider Electric's products and services remain unaffected." A ransomware crew called Hellcat claimed to have gained access to Schneider Electric's infrastructure via the $40-billion energy management giant's Atlassian Jira system.  "This breach has compromised critical data, including projects, issues, and plugins, along with over 400,000 rows of user data, totaling more than 40GB Compressed Data," the criminals posted on their leak site. The miscreants also promised to delete the data as long as the French firm hands over the dough.  "Failure to meet this demand will result in the dissemination of the compromised information," they threatened. "Stating this breach will decrease the ransom by 50 percent, its [sic] your choice Olivier…" "Olivier," we'd assume, is Olivier Blum, who, on Monday, was announced as Schneider's new CEO. This is the same day that Hellcat added the multinational to its site of shame, which doesn't make for a pleasant first week on the job. Also on Monday, Hellcat leaked data that the group claimed belonged to Jordan's Ministry of Education and Tanzania's College of Business Education. This is Schneider Electric's third breach in less than two years. In February, Cactus ransomware infected the corporation's Sustainability Business division. And in June 2023, the French giant was among the thousands of organizations and millions of individuals whose data was stolen by the CL0P ransomware crew in the MOVEit attacks.

Daily Brief Summary

CYBERCRIME // Schneider Electric Hit by Ransomware; $125K in Baguettes Demanded

Schneider Electric is currently investigating a cybersecurity incident where more than 40 GB of data was stolen by the ransomware group Hellcat.

The attackers gained access through Schneider Electric's Atlassian Jira system, impacting critical data including projects, issues, and plugins.

Hellcat has demanded a ransom of $125,000, uniquely requesting the amount to be paid in baguettes instead of the usual cryptocurrency.

The ransomware group threatened to release the sensitive customer and operational data unless their demands are met.

Schneider Electric's internal project execution tracking platform was breached, but their products and services remain unaffected as the platform is hosted within an isolated environment.

This incident marks the third breach for Schneider Electric in less than two years, following previous attacks by different ransomware groups.

The new CEO, Olivier Blum, faces immediate challenges as this breach coincides with his appointment.