University of Utah Hit by a Ransomware Attack
University of Utah Hit by a Ransomware Attack
August 22, 2020
University of Utah Hit by a Ransomware Attack
University of Utah Hit by a Ransomware Attack
August 22, 2020

The University of Utah’s College of Social and Behavioral Science confirmed that they were hit by a ransomware attack.

It has been reported by the University that the gang left many computers inaccessible for several hours as staff took servers offline to prevent the malware from spreading to other machines on the school’s network. 

However, after internal discussion, officials decided to work with the school’s cyber insurance provider to pay a $457,059 ransom in order to prevent a data leak.

Staff from the university clarified that the insurance policy paid part of the ransom and they covered the rest themselves. No details about the crypto involved in the transaction were disclosed.

As reported early in June, media outlets reported that the NetWalker ransomware gang had attacked Michigan State University (MSU).

While the gang threatened to leak students’ records and financial documents, officials from the university have said that they refused to pay the ransom.

ALSO READ :  Travala Expands Its Crypto Payment Options By Adding Support Of NEM Tokens

Thus, the NetWalker ransomware group had also targeted three US-based universities.

Source: Cointelegraph | Image: Strunk Media Group


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

An Unreleased Project Has Been Drained Of $15 Million

An Unreleased Project Has Been Drained Of $15 Million

Eminence, an unreleased project being built by Yearn’s Andre Cronje has been drained of $15 million, as the decentralized finance (DeFi) community's insatiable appetite for unaudited code has once again ended in tears...

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!