Cencora Breach Resulted in Hackers Getting $75M Ransom, Bloomberg Reports

Dow Jones09-18 21:38

--The hackers behind a cyberattack against drug distributor Cencora received a total of $75 million, marking the largest known cyber extortion payment ever made, Bloomberg reports, citing people familiar with the matter.

--The payment made for the Cencora hack occurred in three installments in Bitcoin in March, the sources tell Bloomberg, adding that the initial ransom demand was $150 million.

--A Cencora representative said the company doesn't comment on rumor or speculation, and that it stands by publicly available information, including a July quarterly report that included expenses incurred by a cybersecurity event, Bloomberg reports.

Full story: https://www.bloomberg.com/news/articles/2024-09-18/gang-got-75-million-for-cencora-hack-in-largest-known-ransom

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

September 18, 2024 09:38 ET (13:38 GMT)

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