Hackers reportedly demand $10 million from Garmin to release data.
Hackers are reportedly demanding $10 million to free Garmin’s systems from a ransomware cyberattack that began Thursday, according to BleepingComputer.
Employees within Garmin confirmed to the tech site that Garmin suffered an attack using WastedLocker, a new ransomware operated by a malware exploitation gang commonly known as Evil Corp. Ransomware is malicious software designed to keep an individual or company from accessing their own data unless a ransom is paid.
Screenshots shared with BleepingComputer show lists of files encrypted by the malware, with ransom notes attached to each file. The notes tell Garmin to email one of two email addresses “to get a price for your data.” That price is reportedly $10 million.
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