Snowflake Hackers Drop Bitcoin Ransom Demand to $150,000

A hacker who sold the personal data of millions of American students after hacking into cloud data company Snowflake has lowered the ransom from $2 million in Bitcoin to $150,000 The hacker, Sp1d3r, threatened to leak the data if the ransom was not paid within seven days. The stolen data included students' names, addresses, financial information and login details, and affected students ranged from kindergarten to 12th grade.An Edgenuity spokesperson denied that its data had been stolen and said the claim had been confirmed by LAUSD and Snowflake. In addition, Google Mandiant's security department attributed the hacking to the organization UNC5537 and is investigating its partnership with Scattered Spider. Spanish police arrested the alleged leaders of Scattered Spider this week.