Get a Pentest and security assessment of your IT network.

News

Law Firm Sues Insurer Over Income Loss in Ransomware Attack

Moses Afonso Ryan was hit with a ransomware attack last year after one of its lawyers opened an attachment with malware. The firm ultimately agreed to pay the cybercriminals the $25,000 ransom to unlock its files, but the process took three months as it negotiated the terms, established a bitcoin accoun,t and had to re-negotiate the deal and pay additional bitcoins after the first set of decryption tools failed to work. Sentinel Insurance says it paid the firm the maximum policy limit of $20,000 for losses sustained from computer viruses and that the firm’s loss in business income does not meet policy requirements.”]

Source: https://www.darkreading.com/attacks-breaches/law-firm-sues-insurer-over-income-loss-in-ransomware-attack

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

RasGas, The Second Victim!

News

Technical analysis of the Locker virus on mobile phones