CNA Monetary, one of many largest US insurance coverage firms, paid $40 million to free itself from a ransomware attack that occurred in March, in accordance with a report from Bloomberg. The hackers reportedly demanded $60 million when negotiations began a couple of week after a few of CNA’s techniques have been encrypted, and the insurance coverage firm paid the decrease sum per week later.
If the $40 million determine is correct, CNA’s payout would rank as one of many highest ransomware payouts that we find out about, although that’s not for lack of attempting by hackers: each Apple and Acer had knowledge that was compromised in separate $50 million ransomware calls for earlier this yr. It additionally looks like the hackers are searching for larger payouts: simply this week we noticed experiences that C…
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