A hacker is wiping Git repositories and asking for a ransom

Hundreds of developers have had had Git source code repositories wiped and replaced with a ransom demand.

The hacker claims all source code has been downloaded and stored on one of their servers, and gives the victim ten days to pay the ransom; otherwise, they'll make the code public.

However, all evidence suggests that the hacker has scanned the entire internet for Git config files, extracted credentials, and then used these logins to access and ransom accounts at Git hosting services.