Crypto Scam: Bitcoin Hackers Leak Argentine Regulator’s Data Demanding Ransom in BTC

Crypto Scam: In a recent cyber attack, hackers known as MedusaBlog have released more than 1.5 terabytes of data from the Argentine Securities and Exchange Commission (CNV) on the dark web. The hackers targeted the CNV’s network and stole a variety of documents, including CNV hearings, meeting minutes, complaints, and databases. This breach occurred after the CNV refused to pay a ransom of $0.5 million worth of Bitcoin (BTC) demanded by the hackers.

According to reports from Criptonoticias and developer Maximiliano Firtman, the hacking group MedusaBlog initiated the attack. They gained unauthorized access to the CNV’s network, where they managed to download a substantial amount of sensitive information. These documents contain valuable and private data, such as login details, usernames, passwords, employee files, and app history logs.

The hackers behind MedusaBlog claimed that they would release the data publicly after the CNV declined to meet their ransom demand. Initially, they began leaking smaller portions of the data as a warning. However, on Monday, June 19, they decided to make the entire cache of information available to the public.

The released data includes not only confidential documents but also secret plans and presentations of the CNV. This breach poses a significant threat to the privacy and security of individuals and organizations involved with the CNV. Thousands of documents have been disclosed, potentially causing harm due to the exposure of sensitive information.

Developer Maximiliano Firtman expressed deep concern over the leak, describing it as a “potential disaster.” He also criticized the CNV, accusing the regulator of lying about the content of the leaked data in their public statements. Firtman provided evidence of the breach, sharing images and screenshots from the data cache.

To access the data, the hackers instructed interested individuals to contact them via the TOX peer-to-peer instant-messaging app. They announced that the information would be given away to anyone who reached out to them. This method of distribution raises further security concerns, as it allows for broader access to the stolen data.

The Medusa ransomware was reportedly employed by the hacking group during the attack on the CNV’s servers. By gaining control over the CNV’s equipment and disconnecting various devices and terminals, they were able to carry out the breach. The CNV initially claimed that the compromised data only consisted of public information related to previously disclosed projects. However, the leak includes numerous private and sensitive documents, contradicting the CNV’s statements.

The incident serves as a reminder of the growing threat posed by cyber attacks and the importance of robust cybersecurity measures. It highlights the need for organizations to implement stringent security protocols to protect their networks and sensitive data.

In conclusion, the Bitcoin-demanding hackers known as MedusaBlog have released a substantial amount of data stolen from the Argentine Securities and Exchange Commission (CNV) after the CNV refused to pay the ransom. This breach has exposed confidential documents, private information, and secret plans. The leak raises concerns regarding privacy and cybersecurity, emphasizing the need for organizations to prioritize comprehensive security measures.

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