The Federal Bureau of Investigation (FBI) has warned corporate executives about a new scam designed to trick them into paying large sums of money. Criminals are sending threatening letters claiming to have stolen sensitive company data and demanding a ransom. They are falsely using the name of a well-known hacker group to appear more convincing. However, the FBI has found no actual link between the scammers and the group they claim to represent.
How the Scam Operates
According to an FBI alert issued on March 6, 2025, the scammers are mailing letters to company executives marked as urgent. These letters state that hackers have broken into their company's systems and taken confidential data. The scammers then demand a payment of anywhere between 250,000 and 500,000 dollars to prevent the data from being exposed online.
To pressure victims into paying, the letter includes a QR code that directs them to a Bitcoin wallet for the ransom payment. The message also warns that the criminals will not negotiate, adding to the urgency.
The letter claims to be from a group known for past cyberattacks, but investigators have found no evidence that the real organization is behind these threats. Instead, scammers are using the group's name to make their claims seem more credible and to scare victims into complying.
Why Executives Are Being Targeted
Top business leaders often have access to critical company information, making them valuable targets for cybercriminals. Attackers believe that these individuals will feel pressured to act quickly when they receive threats about stolen data. By creating a sense of urgency, the scammers hope their victims will pay the ransom without questioning its legitimacy.
The FBI has stressed that companies should not assume the threats are real just because they mention a well-known hacking group. Instead, businesses should focus on improving their cybersecurity defenses and educating employees about potential scams.
How to Protect Against This Scam
The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) have shared several important steps businesses can take to safeguard themselves against such scams:
1. Inform and Educate – Business executives and employees should be aware of this type of scam so they can identify suspicious threats and avoid panic.
2. Strengthen Security Systems – Companies should ensure that their firewalls, antivirus software, and security protocols are up to date and functioning effectively.
3. Establish a Response Plan – Organizations should have a clear strategy in place for handling extortion threats. They should not respond or pay the ransom but instead follow proper security procedures.
4. Report Suspicious Activity – If a business receives one of these extortion letters, it should immediately inform the FBI or report the incident through the Internet Crime Complaint Center (IC3). Reporting such cases helps authorities track cybercriminals and take action against them.
Why Awareness is Crucial
This scam highlights the growing trend of cybercriminals using fear to manipulate victims into handing over large amounts of money. While there is no confirmation that the real hacker group mentioned in the letter is involved, this situation serves as a reminder for businesses to stay cautious.
The best way to prevent falling victim to such scams is through strong security measures, employee awareness, and prompt reporting of suspicious activity. The FBI is closely monitoring the situation and urges companies to take cybersecurity seriously to avoid financial and reputational damage.
A new scam is targeting top business leaders in the United States, where criminals are sending letters demanding large ransom payments. Unlike typical ransomware attacks that involve hacking into computer systems, this scheme relies on physical mail. The letters claim that hackers have stolen company data and will leak it unless a ransom of $250,000 to $500,000 is paid. However, cybersecurity experts believe this is a fraud, with no actual hacking involved.
How the Scam Works
Investigators from the GuidePoint Research and Intelligence Team (GRIT) discovered that several companies have received these ransom letters through the US Postal Service (USPS). The letters are addressed to high-level executives and claim to be from the BianLian ransomware group, a known cybercriminal organization.
The message states that the company's confidential information has been stolen and will be exposed unless the demanded payment is made within ten days. To make the threat appear real, the letter includes a Bitcoin wallet address and a QR code that links directly to it. Some letters also provide links to BianLian’s dark web site to add legitimacy to the claim.
Despite these details, security analysts have found no proof that any actual data theft has occurred. The scam relies on fear and deception, hoping that executives will panic and send money.
Why Experts Believe the Threat Is Fake
Cybersecurity specialists have carefully examined multiple cases of this scam and found no signs of hacking or data breaches. The companies targeted in this scheme have not reported any unusual activity or unauthorized access to their systems. This strongly suggests that the criminals behind the letters are only pretending to be the BianLian ransomware group.
The FBI has confirmed that these letters are part of a fraud campaign and do not represent a real cyberattack. Many of the envelopes are marked as "Time Sensitive" to create urgency, and some even list a return address in Boston, Massachusetts, which appears to be another false detail.
Since there is no actual ransomware attack, businesses do not need to take technical action like removing malware or restoring stolen files. The main risk comes from executives believing the scam and paying the ransom.
What to Do If You Receive One of These Letters
If your company receives a similar ransom demand, take the following precautions:
1. Check Your Systems for Security Issues – Ensure that company networks are protected and that there are no signs of hacking or data leaks. Keeping cybersecurity measures updated is always important.
2. Do Not Send Any Money – These threats are fake, and paying the ransom will only encourage further scams.
3. Report the Scam – Contact law enforcement and inform the nearest FBI field office about the letter. Complaints can also be filed with the Internet Crime Complaint Center (IC3).
4. Inform Key Personnel – Let executives and employees know about this scam so they can recognize and ignore similar fraud attempts in the future.
This scam is a reminder that cybercriminals do not always rely on advanced hacking techniques. Sometimes, they use old-fashioned methods like physical mail to create fear and manipulate victims into paying. While real ransomware attacks remain a serious concern, this particular scheme is based on false claims.
Companies should stay informed and take precautions to avoid falling victim to these types of fraud. Being aware of such scams is the best way to protect against them.