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The blackmailers demanded that the US-based Technology Corporation pay them $75 million in cryptocurrency by 7th April 2017 to avoid the cyber-attack.
Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
Solicitors handling the case are demanding that the US Corporation should pay the blackmailers rather than risk the situation.
According to reports, the email accounts under direct threat amount to 300 million, including the domain @icloud and @me. The hackers who are claiming to have gained access to user data, go by the name of The Turkish Crime Family.
As per the current situation, the condition under which the cyberattack could be avoided is the payment of the stipulated amount in the form of a Bitcoin or Ethereum. There might be a possibility of Apple arranging for iTunes gift cards amounting to $100 thousand for the blackmailers.
In a statement to the media, Apple executives said that “Apple doesn’t want to reward criminals for breaking the law”. The American Tech Giant has refused to comply with the perpetuators.
This wasn’t the first time that hackers have tried to get in touch with Apple. According to a media report the hackers had tried to gain access into the official section of the corporation by offering the employees 20,000 euros each, in exchange for their corporate logins and passwords. This incident was reported in February 2016.
This was their attempt to gain access into the closed information section of the technology corporation.
