Southwire, the victim of this case and a producer of industrial and household cables for more than half of North America. With billions of dollars in revenue, this famous wire making company is owned and run by a family for seven decades. Having more than 7,500 employees, Southwire is listed in Forbes list of America’s largest private companies.
The Hack
On Monday morning, the company’s site was subjected to hack with the admins finding a ransom note asking the company to pay 850 BTC. That translates to around $6 million. The ransom note was posted in Imgur and a topic was initiated in a subreddit already. Under which, a Reddit user (Sooze16) probably an employee of that firm has explained the situation as,
Unofficial Sayings
Though the company hadn’t made an official announcement of this hack yet, they’ve responded to BleepingComputer’s mails and talked to Atlanta Business Chronicle. Jason Pollard, VP of Talent Acquisition and Communications told to the Chronicle as, “We immediately self-quarantined by shutting down the entire network”, referencing the early morning attack. The site seemed to be live at the time of writing this article but isn’t displaying images.
