Security News > 2020 > June > UCSF Pays Cybercriminals $1.14 Million to Recover Files After Ransomware Attack
Late last week, the University of California San Francisco revealed that it paid roughly $1.14 million to cybercriminals to recover data encrypted during a ransomware attack earlier this month.
"While we stopped the attack as it was occurring, the actors launched malware that encrypted a limited number of servers within the School of Medicine, making them temporarily inaccessible," UCSF says.
UCSF also notes that the data encrypted during the attack was part of academic work.
The NetWalker ransomware operators are believed to have carried out the attack.
Paying becomes an incentive for cybercriminals to continue engaging in similar attacks, as paying victims are considered financially viable.
News URL
Related news
- AutoCanada says ransomware attack "may" impact employee data (source)
- Microsoft Identifies Storm-0501 as Major Threat in Hybrid Cloud Ransomware Attacks (source)
- Embargo ransomware escalates attacks to cloud environments (source)
- JPCERT shares Windows Event Log tips to detect ransomware attacks (source)
- Ransomware attack forces UMC Health System to divert some patients (source)
- Underground ransomware claims attack on Casio, leaks stolen data (source)
- Casio confirms customer data stolen in a ransomware attack (source)
- Schools bombarded by nation-state attacks, ransomware gangs, and everyone in between (source)
- BianLian ransomware claims attack on Boston Children's Health Physicians (source)
- Microsoft: Ransomware Attacks Growing More Dangerous, Complex (source)