What would you rather have: $125,000 worth of crypto or crusty French bread? It appears that one ransomware group is a bigger fan of the latter, having demanded that payment for the 40GB of compressed data it stole be paid in baguettes.

Hellcat, a newly formed ransomware group, claims it is behind the cybersecurity incident being investigated by Schneider Electric. The French multinational energy management company has confirmed a developer platform was breached.

Hellcat is asking for $125,000 to delete the data. It said that if Schneider publicly admits to the breach, it would cut the ransom demand in half to $62,500.

However, rather than demanding the money in crypto, as is the norm, Hellcat is asking for it to be paid in baguettes.

With the average price of a standard baguette in France at €1.07, or approximately $1.09, Schneider would need to hand over at least 58,715 of these long French loaves.

  • GreatAlbatrossA
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    2 months ago

    That’s my interpretation. Plus a little “hon hon, baguettes pay in pain flute”
    Also, in the grander scheme, it’s not that much. If schneider are smart, they’ll say something like “how about if we donate $75k to local human feeding charities?”