CNA Financial pays out one of the biggest ransomware payments ever – 2021-05-21 14:59:39 – Source link

US insurance company CNA Financial has reportedly handed over $40 million to a ransomware gang in order to buy back control of their computers. 

According to CNA’s own investigations, it fell victim to the Phoenix Locker ransomware, which, according to cybersecurity experts, is an offshoot of the Hades ransomware that was first unleashed by the infamous Russian cybercrime operators known as Evil Corp. 

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