Ransomware gang demands ransom payment in Schneider Electric data breach: baguettes


Schneider Electric, a French multinational, confirmed a data breach where the Hellcat ransomware gang stole over 40GB of critical data, including user information and project details, from its internal platforms. In a bizarre twist, Hellcat demanded a ransom payment not in money, but in baguettes, specifically $125,000 worth, threatening to release the stolen data if their request wasn’t met. Following Schneider’s public admission of the breach, the ransom amount was halved to $62,500 in baguettes, with a deadline set for November 7. The group, known for targeting high-profile entities like government institutions and educational organizations, has made headlines for its unusual and highly visible ransom demands.

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