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It was reported that within hours after the attack the company paid a ransom of nearly 75 Bitcoins ($4.4 million USD) to the hackers in exchange for a decryption tool, which proved so slow that the company's business continuity planning tools were more effective in bringing back operational capacity. [23] [24]
JBS paid the hackers an $11 million ransom. [12] The ransom was paid in Bitcoin. [13] American politician Carolyn Maloney criticized the company for paying the ransom due to concerns it might incentivize further attacks. [14] The attack brought attention to the potentially negative consequences of consolidation in meat production. [15]
In response, the company shut down its VSA cloud and SaaS servers and issued a security advisory to any customers, including those with on-premises deployments of VSA. [ 11 ] Initial reports of companies affected by the incident include Norwegian financial software developer Visma , who manages some systems for Swedish supermarket chain Coop ...
Boeing's parts and distribution business, which falls under its Global Services division, provides material and logistics support to its customers, according to the company's 2022 annual report.
March: Cyber insurer CNA Financial, one of the largest insurance companies based in the US, was attacked with ransomware, causing the company to lose control over its network. [177] The company paid $40 million to regain network control.
The ransom payment of $25 million hasn’t been previously reported. Bloomberg reported that the hackers had made a multimillion-dollar ransom demand and that the company planned to pay.
In 2023, Clop employs more complex attacks that make significant impacts and allow them to demand higher ransom payments. Specifically, the Clop gang targeted data theft by exploiting a zero-day vulnerability in MOVEit Transfer. Their objective is to overcome the overall decline in ransom payments by demanding substantial amounts from their ...
Hive employed a wide variety of tactics, techniques, and procedures (TTPs), creating significant challenges for defense and mitigation. According to the Federal Bureau of Investigation (FBI), it functioned as affiliate-based ransomware, using multiple mechanisms to compromise business networks, including phishing emails with malicious attachments to gain access, and Remote Desktop Protocol ...