Bitcoin

South Korean Company Agrees to Pay Hackers $1 Million Bitcoin Ransom to Unlock Its Files

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on the business’s site, Nayana CEO Hwang Chil-hong has actually consented to pay 397.6 Bitcoin to recuperate the information of approximately 3,400 customers. Chil-hong said he’s already made 2 installments.The gang that targeted his business is stated to have utilized ransomware called Erebus, named after– eye roll– the Greek divine being of darkness. Chil-hong stated 153 Linux servers were affected.Gizmodo was unable to immediately examine a sample of the Erebus code, however its

name shows that it might be a version of ransomware that targeted Windows computer systems previously this year. Erebus can target as much as 433 file types, according to Pattern Micro, including office files and multimedia files. In the meantime, a minimum of, it has mostly targeted web servers in South Korea with infections likewise appearing in Romania and Ukraine.In a letter released on his company’s website, Chil-hong chose not to pay the 550 Bitcoin ransom the hackers initially requested, stating essentially that it would destroy him anyway. He was able to work out the ransom down to 397.6 Bitcoin, or roughly a million US dollars.Chil-hong claims to be pouring all his personal possessions into recovering his customers ‘data.”If this negotiation is signed, I believe the possibility of recovering the data will be higher, “he wrote.There was no details readily available regarding Erebus’ attack vector at press time. An open source analysis of Nayana’s systems by Pattern Micro exposes that its website

runs on a Linux kernel compiled in 2008, and utilizes variations of Apache and PHP released in 2006. Many exploits are understood for these outdated systems.Trend Micro’s threat defense specialists suggest supporting your files routinely and remaining on top of your security updates. A complete list of finest practices can be< a href =http://blog.trendmicro.com/trendlabs-security-intelligence/ransomware-past-present-future/ target =_ blank rel =noopener > discovered here.

Source

http://gizmodo.com/south-korean-company-agrees-to-pay-hackers-1-million-b-1796262254

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