News AMD Purportedly Targeted by RansomHouse Extortion Group, 450Gb of Data Stolen

[Admin]

The RansomHouse extortion group claims to have 450Gb of stolen AMD data and is charging an unknown ransom.

AMD Purportedly Targeted by RansomHouse Extortion Group, 450Gb of Data Stolen : Read more

 

[peachpuff]

Intel must be drooling 🤤

 

[twocows360]

It won't happen, but if governments just made it illegal to pay the ransom (and gave those laws teeth), ransomware would largely go away. It exists because people will pay; make it scarier to pay than not to pay and most hacking groups won't find it worth the effort.

 

[King_V]

It won't happen, but if governments just made it illegal to pay the ransom (and gave those laws teeth), ransomware would largely go away. It exists because people will pay; make it scarier to pay than not to pay and most hacking groups won't find it worth the effort.

I don't know if it's quite that simple. What's to stop them from selling the information? I mean, even if EVERY country somehow made it illegal to pay the ransom, and, of course, illegal to buy stolen goods, it's pretty obvious that there are a number of governments and/or corporations who are quite willing to buy stolen data.

I mean, it's quite obvious that companies are quite willing to break the law in any number of ways, betting that they either won't get caught, or if they do, the penalty will be so small that it was worth breaking the law.

 

[digitalgriffin]

I don't know if it's quite that simple. What's to stop them from selling the information? I mean, even if EVERY country somehow made it illegal to pay the ransom, and, of course, illegal to buy stolen goods, it's pretty obvious that there are a number of governments and/or corporations who are quite willing to buy stolen data.

I mean, it's quite obvious that companies are quite willing to break the law in any number of ways, betting that they either won't get caught, or if they do, the penalty will be so small that it was worth breaking the law.

While I agree with you about it never being that simple, you "NEVER EVER PAY THE EXTORTIONISTS" Give a mouse a cookie...

 

[funguseater]

It won't happen, but if governments just made it illegal to pay the ransom (and gave those laws teeth), ransomware would largely go away. It exists because people will pay; make it scarier to pay than not to pay and most hacking groups won't find it worth the effort.

Wait, you mean make it illegal like extorting companies for ransom. Thats not working out so well.

 

[twocows360]

Wait, you mean make it illegal like extorting companies for ransom. Thats not working out so well.

Only because it's harder to punish the people doing the extortion.

Make it illegal and punishable with a fine that hits harder than the ransom would. And if you don't think that's fair to the would-be victim, consider that money going to ransomware extortionists often ends up in places like North Korea or in the hands of mobsters and despots, in the hands of human traffickers, etc. There's a substantial public benefit involved with making sure ransoms aren't paid even without getting into the effect on the ransomware industry it would have if nobody paid ransoms.

 

[Kamen Rider Blade]

Only because it's harder to punish the people doing the extortion.

Make it illegal and punishable with a fine that hits harder than the ransom would. And if you don't think that's fair to the would-be victim, consider that money going to ransomware extortionists often ends up in places like North Korea or in the hands of mobsters and despots, in the hands of human traffickers, etc. There's a substantial public benefit involved with making sure ransoms aren't paid even without getting into the effect on the ransomware industry it would have if nobody paid ransoms.

I concur, ransoms shouldn't ever be paid.

Legally prohibiting it is what matters.

 

[Giroro]

Only because it's harder to punish the people doing the extortion.

Make it illegal and punishable with a fine that hits harder than the ransom would. And if you don't think that's fair to the would-be victim, consider that money going to ransomware extortionists often ends up in places like North Korea or in the hands of mobsters and despots, in the hands of human traffickers, etc. There's a substantial public benefit involved with making sure ransoms aren't paid even without getting into the effect on the ransomware industry it would have if nobody paid ransoms.

So your plan is to punish victims for reporting a crime? I'm not so sure that would have the intended results. Even if you were able to fully educate the population about the laws (laws are only a deterrent when people actually know about them), I'm reasonably sure that would just turn "don't pay the ransom" into "don't get caught paying the ransom".

It would be a lot more effective to teach people to value their privacy and security, reinforce legal privacy protections and codify the idea that personal data is personal property that is constantly being stolen, and to frankly just teach people how to use their computers and how to interact in a connected world.
Lesson #1: Just because something is written in your native language does not mean that it is true, nor does it mean that it was written by somebody who has your best interests in mind.

Of course, a company like AMD should be leading by example. They're protecting crucial IP, valued at billions of dollars. That's a bit more valuable than your average person's photo collection and bank password.

 

[domih]

The RansomHouse extortion group claims to have 450Gb of stolen AMD data and is charging an unknown ransom.

AMD Purportedly Targeted by RansomHouse Extortion Group, 450Gb of Data Stolen : Read more

From the article: "...The group claims that AMD used simple passwords like 'password' to protect its networks, leading to the breach..."

Damn, I did not see that one coming 😵

 

[Math Geek]

if they are dumb enough to have super secret stuff accessible from the web, they deserve whatever happens to it.

i can't imagine 450 gb is just hr files on employees. there has to be some juicy stuff included in that much data.

 

[edzieba]

It won't happen, but if governments just made it illegal to pay the ransom (and gave those laws teeth), ransomware would largely go away. It exists because people will pay; make it scarier to pay than not to pay and most hacking groups won't find it worth the effort.

Just as making it illegal to sell or resell stolen goods ended theft?

 

[King_V]

Give a mouse a cookie...

SIDE NOTE: You know, ever since seeing this video, I can never think of the adorable storybook version of that phrase anymore...

This, in my opinion, isn't one of my favorites of their work, but still, the various Gritty Reboots trailers definitely worth watching.

EDIT: mangled grammar

 

[shawnlau]

So is Ransom House going to start bootlegging Radeon cards? AMD price is hinged to some basements boys bragging? What are they going to do with it? This just stinks of a stock spoof. Like the affluent goverments won't be able to identify the proprietary technology and seize the bootlegs. Like some dark web boy steals Space X data and is going to build a rocket ship?

 

[USAFRet]

You can't make it "illegal" to pay the ransom. Especially across every country on the planet.

Even just among the 3 or 4 major players.
If Russia or China or US or India made it "illegal", the other ones would not do that, just because.

Heck...Russia would fund a group like that to mess with everyone else, just because...