Garmin Coming Back Online After Hack — Was $10M Crypto Ransom Paid? By Cointelegraph

Garmin Coming Back Online After Hack — Was $10M Crypto


Garmin Coming Back Online After Hack — Was $10M Crypto Ransom Paid?

Multinational tech company Garmin (NASDAQ:) may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several of its services on July 23.

According to an August 1 report from Lawrence Abrams at Bleeping Computer, Garmin’s IT department used a decryptor to regain access to workstations affected by the initial WastedLocker ransomware attack. The malware took down the company’s customer support, navigation solutions, and other online services.

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