Criminals have been using HardBit ransomware since last fall. Now the hackers are making an unusual, and outrageous, demand on their targets.
“The hackers tell victims to anonymously provide them with the details of their cyberinsurance so that they can set the ransom amount accordingly. The HardBit operators say they do not want to demand more than what the victim can recover from the insurance company, but they also don’t want to be offered a low amount by the insurer’s representatives.”
We’ve reported on the debate over the impact of cyberinsurance on ransomware demands and recently noted a company offering encryption for for cyberinsurance policies so it’s harder for cyber crooks to hack them and then demand the limit.
HardBit ransomware operators want to work with victims to negotiate a ransom behind the back of cyberinsurance companies.
Source: HardBit Ransomware Offers to Set Ransom Based on Victim’s Cyberinsurance