Luxury jeweler Graff Diamonds pays $7.5 million worth of Bitcoin in ransom to Russian hackers
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Luxury jeweler Graff Diamonds forced to pay $7.5 million worth of Bitcoin to Russian hackers. Hackers threatened to leak private data of jeweler's high-profile clients. Graff is suing its insurer, Travelers, for refusing to cover the ransom. The jeweler is known for its famous clientele, including Oprah Winfrey, the Sultan of Brunei, and royalty from the Middle East, among other famous clients. In November, Graff ended up paying half of hacker's initial demand, which was $15 million. The cryptocurrency was transferred to a Bitcoin wallet at the time when the digital currency was around its all-time high of $69,000. The hacker group Conti took responsibility and leaked data. Source