MOVEit Hackers Give Victims a Week to Open Ransom Negotiations

A Russian-speaking criminal cyber gang gave victims including British Airways and the BBC a week to start ransom negotiations after it exploited a vulnerability in an encrypted file-sharing software used by many high-profile firms.

The hacker group, known as Clop, said companies that use the secure file transfer product MOVEit from Progress Software Corp. should email it before June 14 or else it would publish stolen data, according to a statement on the gang’s darkweb page.

“This is announcement to educate companies who use Progress MOVEit product that chance is that we download a lot of your data as part ...