‘All we have had is losses’: Royal Mail dismisses ‘absurd’ $80m ransom demand

Under no circumstances will we pay that absurd amount,' delivery firm says, telling hackers it is not the booming company they think

Royal Mail rejected an absurd" ransom demand for $80m (67m) from hackers linked to Russia, according to transcripts that offer a rare glimpse into negotiations when companies are hit by a ransomware cyberattack.

The delivery company has been battling a ransomware attack since January, when the LockBit group hacked into its software and blocked international shipments by encrypting files crucial to the company's operations.