Is the amount that Garmin paid to ransomware users as data ransom hundreds of millions of yen?
Garmin'paid multi-million dollar ransom to criminals using Arete IR', say sources | Science & Tech News | Sky News
All GPS equipment major Garmin's services stop for an unusually long time, the cause is a ransomware attack-GIGAZINE
System failures will be resolved by July 28, 2020. Garmin officially announced that the failure was caused by a ransomware cyber attack.
The resolution of the obstacle, which was thought to have been Garmin's 'ransom' for the data, was unclear.
The news site Sky News got information from people familiar with this matter. According to the information, Garmin initially turned to a company specializing in ransomware protection to solve the problem. But the company was developed by someone who had a connection with the Russian cybercriminal group 'Evil Corp', whose 'Wasted Locker' was subject to economic sanctions by the U.S. Treasury, and they risk violating sanctions. As a result, I can not accept the case.
For this reason, he said that he paid the ransom through the same ransomware specialist company, Arete Incident Response, which claimed that the relationship between the 'Wasted Locker' developer and the sanctioned group was not proven.
Garmin responded to the Sky News interview with 'No additional comments.' Both Garmin and Arete Incident Response have not objected to the fact that they 'paid at the ransom payment opportunity.'
in Security, Posted by logc_nt