Update: Market Chatter: Cencora Paid Hackers Largest Known Ransom of $75 Million-March 2024-www.financetom.com

Update: Market Chatter: Cencora Paid Hackers Largest Known Ransom of $75 Million

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Update: Market Chatter: Cencora Paid Hackers Largest Known Ransom of $75 Million

Sep 21, 2024 11:12 PM

10:25 AM EDT, 09/18/2024 (MT Newswires) -- (Update with Cencora's ( COR ) response to a request for comment.)

Cencora ( COR ) hackers received a total of $75 million, paid in three installments of bitcoin in March, the largest known cyber extortion payment made to date, Bloomberg reported Wednesday, citing people familiar with the matter.

The initial ransom demand was $150 million, two of the people reportedly told Bloomberg. The company learned that data was stolen from its systems in February, Cencora ( COR ) said in a regulatory filing.

"As a matter of corporate policy, we do not comment on rumor or speculation," a Cencora ( COR ) spokesperson told MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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