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posted by martyb on Monday June 29 2020, @11:45PM   Printer-friendly
from the backups-are-your-friend dept.

How hackers extorted $1.14m from a US university:

A leading medical-research institution working on a cure for Covid-19 has admitted it paid hackers a $1.14m (£910,000) ransom after a covert negotiation witnessed by BBC News.

The Netwalker criminal gang attacked University of California San Francisco (UCSF) on 1 June.

IT staff unplugged computers in a race to stop the malware spreading.

And an anonymous tip-off enabled BBC News to follow the ransom negotiations in a live chat on the dark web.

[...] At first glance, its dark-web homepage looks like a standard customer-service website, with a frequently asked questions (FAQ) tab, an offer of a "free" sample of its software and a live-chat option.

But there is also a countdown timer ticking down to a time when the hackers either double the price of their ransom, or delete the data they have scrambled with malware.

Also at Security Week.


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  • (Score: 1, Funny) by Anonymous Coward on Tuesday June 30 2020, @10:35PM

    by Anonymous Coward on Tuesday June 30 2020, @10:35PM (#1014746)

    640 years should be enough for any crime.

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