Cyber Attack on "Globes" news outlet Sparks Economic Terrorism Concerns

Posted on Jul 23, 2024 by Ifi Reporter - Dan Bielski

A group of hackers called Medusa has broken into the "Globes" computer system in recent days and is demanding a ransom of one million dollars within eight days - otherwise, the information they extracted from the company's computers will be published.

On Thursday, Globes reported on the website about a security incident. Yesterday, the Medusa group published the ransom demand, which also includes an additional $10,000 for every day that passes without payment.
Medusa is a Russian crime group that hacks into organizations for financial purposes. Its method of operation is called double extortion: "In the first step, the hackers break into the organization, leak information, and then encrypt the systems and ask for money," explains Ram Levy, founder and CEO of Confides, a cyber crisis protection and management company. "After the hack, they leave a ransom note In which the attacked organization is asked to contact through anonymous channels and the payment is negotiated. The payment requirement is for the encryption keys, to unlock what is encrypted and prevent the leak."
Globes reported: Globes has been dealing with a cyber attack in recent days, the consequences of which we are still learning. Now we already know that this is an economic terrorist incident by a sophisticated international crime group. Since the incident became known, we have been working, with the professional bodies and consultants experienced in similar incidents, to curb the incident, study its consequences, and optimally manage them. We are proud that with great effort we managed to continue to provide our readers with the journalistic product on the website and in the newspaper.


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