Hacker Demands Over €600,000 to Decrypt LVM Data After Cyberattack

The hacker responsible for the cyberattack on the company Latvijas valsts meži (LVM) is demanding more than 600,000 euros to decrypt the stolen data. This information was provided by cybersecurity expert Elvis Strazdiņš on his YouTube account, as reported by LETA. Strazdiņš revealed that the attacker wants this sum as a ransom for decrypting the data. The attack targeted LVM's systems, and it remains unclear whether the company will pay the demanded amount. The expert's public statement indicates that the hacker is willing to return the data only upon payment. This incident highlights ongoing cybersecurity threats, though further details about the scale of the attack or the nature of the compromised data have not been disclosed.