Thursday , December 3 2020

Bitcoin ransomware locks 10 years’ worth of government data in Argentina

TNW uses cookies to personalize content and ads to
make our site easier for you to use.
We do also share that information with third parties for
advertising & analytics.

Powered by

Blockchain, cryptocurrencies, and insider stories by TNW.

Bitcoin-hungry hackers have attacked a data center in Argentina which houses local government files.

According to Alicia Bañuelos, the country’s Minister of Science and Technology, the attack took place on November 25.

In an interview with Agencia de Noticia de San Luis — a local government digital news outlet — on December 2, Bañuelos said the center had already recovered 90 percent of the encrypted data. Some 7,700 GB — approximately 10 years worth data — was originally compromised as a result of the attack.

“Decrypting the files will take at least 15 days, mostly due to the sheer size of the archive,” Bañuelos added during the interview.

The size of the Bitcoin ransom is unknown, but reports suggest attackers asked for somewhere in between approximately $37,000 and $370,000 (0.5 and 50 BTC) in exchange for decrypting the files.

Just last week, Hard Fork reported on how a major US data center had been hit by Sodinokibi, a prominent strand of ransomware which several months ago earned a hacker $287,000 worth of Bitcoin in just three days.

Governments have proved to be popular targets. A group of cybercriminals calling themselves the “Shadow Kill Hackers” attacked the City of Johannesburg (South Africa) administration website in late October and threatened to upload the stolen data on the internet unless they received a $300,000 (4 BTC) Bitcoin ransom.

Hackers are also targeting private companies, including Spanish multinational security firm Prosegur, which was hit by Ryuk ransomware under two weeks ago.

Published December 9, 2019 — 11:58 UTC

Thank you!

Copyright © 2006—2019.
All rights reserved.
Made with in Amsterdam.

Source

About IT News Ug

Check Also

Big Pharma’s COVID-19 vaccines injected $1 trillion into the S&P 500

TNW uses cookies to personalize content and ads to make our site easier for you …

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

//whugesto.net/afu.php?zoneid=2572107