A French multinational corporation has been targeted by a ransomware group that couldn’t help but play to national stereotypes, demanding to be paid in baguettes. 

The gang said it wants $125,000 worth of the French bread, or it will leak from 40GB worth of stolen private data from Schneider Electric. A media report claims that the firm is really demanding crypto.

The ransomware group, calling itself Hellcat, is represented by a pseudonymous Twitter (aka X) user named Grep, who communicated the demands. Gerp claims the group infiltrated Schneider Electric to target “sensitive customer and operational information,” which it will expose if the ransom is not paid.

The situation is still ongoing. Schneider Electric did not immediately return a request for comment.

While the baguette-based demands are what is publicly shown, Cyberscoop reports the group is willing to accept crypto Monero in lieu of bread. Monero is a privacy-centric coin designed to make it very difficult to track transactions on-chain. It’s a popular pick for cybercriminals, though it has legitimate uses as well.

The baguette demand is a marketing tactic designed to h

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Author: Luke Edwards

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