The BlackCat ransomware gang has claimed credit score for a cybersecurity assault towards Japanese watchmaker Seiko.

BlackCat (often known as ALPHAV) posted on its darkish internet leak website what it claims are information stolen from Seiko’s servers.

Like different ransomware operations, BlackCat extorts cash from focused organisations by stealing delicate information, threatening to launch it publicly, and encrypting pc methods to lock victims out of their data.

BlackCat associates have typically gone one stage additional and threatened to launch distributed denial-of-service (DDoS) assaults if extortion calls for are usually not met.

Seiko introduced earlier this month that it had suffered an information breach which noticed hackers entry “at the very least one in every of its servers” and warned that data could have been stolen.

The corporate says that it has introduced in exterior specialists to analyze the incident.

Earlier this 12 months, cybersecurity reporter Brian Krebs printed an attention-grabbing account of his contact with on-line criminals who could also be related to the Russian-speaking BlackCat group.

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