American insurance giant CNA reportedly pays $40m to ransomware crooks

CNA Finaincial, the US insurance conglomerate, has apparently paid $40m to ransomware operators to gets its files back.

In March the business revealed it had been hit by an extensive Phoenix Locker infection; this strain of malware was developed by Russian scam artists calling themselves Evil Corp, which may have links to Russian intelligence.

All CNA systems are now back up and running though it appears that the company didn’t manage this themselves and instead coughed up a widely reported $40m to the extortionists for the means to decrypt the scrambled files.

Source: American insurance giant CNA reportedly pays $40m to ransomware crooks • The Register

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