The Sodinokibi/REvil ransomware gang has apparently made good on its threat to auction off files it lifted from celebrity law firm Grubman Shire Meiselas & Sacks.
The group on July 1 reportedly placed legal documents corresponding to Nicki Minaj, Mariah Carey and LeBron James up for bid, with the starting price set at $600,000 per lot. The next set of auctions is set for July 3 and will include documents pertaining to entertainment and media companies Bad Boy Entertainment Holdings ($750,000), Universal ($1 million) and MTV ($1 million).
Bidders can buy all of the stolen documents from all clients for $42 million, which is the amount the attackers were demanding in ransom from the law firm, which has refused to pay.
Auctioning off stolen data creates another potential avenue for monetization while also ratcheting up pressure on victims to pay or at least negotiate.
“I’m not sure whether REvil actually anticipates being able to monetize this data. Who’d pay ..
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