Electronics Retailer MediaMarkt Hit by Ransomware Demand for $50M Bitcoin Payment: Report

Electronics Retailer MediaMarkt Hit by Ransomware Demand for $50M Bitcoin Payment: Report

The attack by the Hive ransomware group encrypted MediaMarkt’s servers, causing the retailer to shut down its IT systems to prevent further spread. This caused many stores, mainly in the Netherlands, to be unable to accept credit and debit card payments.

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