AT&T paid a hacker around $370,000 in Bitcoin to delete customer data that was stolen from the company earlier in 2024. The hack was part of a larger hacking spree in 2024 that compromised over 160 companies using stolen Snowflake employee credentials. AT&T negotiated the ransom through a security researcher intermediary called "Reddington" on behalf of the ShinyHunters hacking group. Reddington believes the only complete copy of the stolen AT&T data was deleted, but excerpts may still exist elsewhere. Reddington also negotiated ransoms for other companies hacked in the same spree.
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00:00It's Benzinga and here's what's on the block.
00:02AT&T paid a hacker around $370,000 in Bitcoin to delete customer data that was stolen from
00:09the company earlier in 2024.
00:11The hack was part of a larger hacking spree in 2024 that compromised over 160 companies
00:16using stolen Snowflake employee credentials.
00:19AT&T negotiated the ransom through a security researcher intermediary called Redington on
00:24behalf of the Shiny Hunters hacking group.
00:27Redington believes the only complete copy of the stolen AT&T data was deleted, but excerpts
00:32may still exist elsewhere.
00:34Redington also negotiated ransoms for other companies hacked in the same spree.
00:37For all things money, visit Benzinga.com.