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University of Utah Pays $457K After Ransomware Attack

The University of Utah paid $457,000 to retrieve a decryption key after a ransomware attack encrypted student and faculty data on its servers. The Salt Lake City school was hit by the cyberattack on July 19. The university sought to downplay the attack s impact, stressing that no central university IT systems were compromised. No tuition, grant, donation, state or taxpayer funds were used to pay the ransom, the school said. Experts say the act of paying the ransom after a ransom has long drawn criticism by security experts.

Source: https://threatpost.com/university-of-utah-pays-457k-after-ransomware-attack/158564/

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