How hackers made $1.14 millions from a ransomware attack!

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3 years ago

In June 6, the University of California in San Francisco U.S registered an attack where hackers controlled computers from a research School of Medicine that is working in a vaccine for COVID-19 and to release they demanded $1,140.000. The cybercriminals conducted all the negotiations with the management of the University directly from a site on dark web, for a start they asked for $3 million in ransom.

Ransomware

Is intended as an attack where cybercriminals use a malware in order to encrypt files on determined computers and then contact the owners in order to pay the ransom either in Bitcoin or in Fiat, in exchange the attackers release the tool to unlock the PC.

According to BBC news the attackers after several hours of negotiations accepted to receive 116.4 Bitcoins worth $1,000.000 in actual values from the market. The ransomware is a crime punished in U.S and anyone involved with with could face several years on jail, with each successful attack contributing in the sentence, meaning each attack realized with success increase the penalty of the offender, check more Here.

Criminals are more sophisticated than ever, more organized and more dangerous to deal with, and accordingly to law enforcement, they advise to not pay the ransom after being contacted by the hackers, as doing it they can continue with their fraudulent activities.

I always support the fight against scams and fraudulent business that uses peoples money in order to be successful, my advise, take care and stay alert, scammers are all over.

Need to verify a scam?!

https://scam-alert.io

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3 years ago

Comments

Your article calls for an important attention to put in more efforts to fight cybercrime in totality. It is becoming rampant all over the world. Thank you for this clarion call on everyone.

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3 years ago

Thanks Olad, I believe that fighting cybercrime is difficult but possible, if someone is in immediate danger due to an attack there are measures to be taken serious to report them but people many times become afraid of😷, we need always if possible call the authorities!

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3 years ago

I am eager to see cyber-criminals attacking the database of the authorities with ransomware. That'll be a very interesting story.

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3 years ago

Yes it is an interesting story also a Sad one, as this hackers mostly hijack the database of this institutions that contain vital info to people continue doing they job, in this case for example they attacked a resource center where scientists have been working in a cure for COVID-19!

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3 years ago