Scammers Use Fake BianLian Ransom Notes in Postal Mail Extortion Scheme
Letters sent to U.S. executives falsely claim network breaches, demanding up to $500,000 in Bitcoin payments.
- Cybercriminals are mailing fraudulent ransom letters to U.S. company executives, falsely claiming to represent the BianLian ransomware group.
- The letters allege stolen sensitive data and demand Bitcoin payments ranging from $250,000 to $500,000 within ten days to avoid data leaks.
- Investigations by GuidePoint Security and Arctic Wolf confirm no evidence of actual network breaches or ransomware activity in the targeted organizations.
- The letters include QR codes for Bitcoin wallets and legitimate Tor links to BianLian's leak site to enhance credibility, but researchers assess the claims as illegitimate.
- Recipients are advised to report the scam to law enforcement and avoid engaging with the letters, which are part of a broader evolution of extortion tactics.