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AT&T Pays $300K Ransom to ShinyHunters Hacker: A Comedy of Errors in Cybersecurity
AT&T paid over $300,000 to a hacker from the ShinyHunters group to delete stolen call records of millions of customers. The hacker initially demanded $1 million but settled for a third. This breach is part of a spree affecting over 150 companies through unsecured Snowflake…
Hot Take:
AT&T just paid $300K to a hacker to delete stolen data. Talk about an expensive digital spring cleaning! Maybe next time, they’ll remember to lock the cyber front door.
Key Points:
- AT&T paid over $300,000 to a hacker from the ShinyHunters group for data deletion.
- The hacker initially demanded $1 million but settled for one-third of that amount.
- ShinyHunters exploited unsecured Snowflake cloud storage accounts.
- Other victims include Ticketmaster, Santander, LendingTree, and Advance Auto Parts.
- John Binns, if responsible, allegedly hacked AT&T while already under indictment for hacking T-Mobile.
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