Garmin reportedly paid hackers a multimillion dollar ransom to recover files after a cyberattack

[Yo_Mama_Been_Loggin]

that left their services offline for several days last month

GPS and aviation tech company Garmin paid a multi-million dollar sum to hackers in an effort to recover data that the group had held hostage in a ransomware attack last month, Sky News reported on Monday.

On July 23, Garmin's services, which range from smartwatches to aviation products, suffered a major outage. Several days later, the company confirmed that the outage was due to a cyberattack.

Several media reports said at the time that the attack involved ransomware, a type of software custom-tailored to encrypt a company's files until a ransom is paid, though Garmin did not publicly name the type of attack.

Bleeping Computer reported that Garmin had been targeted by Wastedlocker, a specific ransomware virus that is attributed to a Russia-based hacking group called Evil Corp, and that the group had demanded $10 million for the files.

https://www.msn.com/en-us/money/news/garmin-reportedly-paid-hackers-a-multimillion-dollar-ransom-to-recover-files-after-a-cyberattack-that-left-their-services-offline-for-several-days-last-month/ar-BB17wCSR?li=BBnb7Kz

[Guy Whitey Corngood]

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