Netwalker: Karachi, Pakistan’s sole electric power provider, K-Electric, suffered a ransomware attack from the Netwalker threat group. Currently, the only systems being impacted by the outage are online billing and account management services. The outage began impacting K-Electric on Monday, and so far, does not appear to be spreading. The company has attempted to set up a backup portal but have encountered difficulties with that as well. Netwalker has requested a ransom payment of $3.85 million USD to unlock K-Electric’s systems. If not paid within seven days, the price will increase to $7.7 million. Even though this news has already become public, Netwalker does not have the information set to become public on their website until the beginning of next week. Access to the stolen data will become publicly available on the Netwalker site in just under three weeks from now.
By Anthony Zampino Introduction Leading up to the most recent Russian invasion of Ukraine in