Incident Of The Week: Garmin Pays $10 Million To Ransomware Hackers Who Rendered Systems Useless

Incident Of The Week: Garmin Pays $10 Million To Ransomware Hackers Who Rendered Systems Useless

Posted August 13, 2020

Incident Of The Week: Garmin Pays $10 Million To Ransomware Hackers Who Rendered Systems Useless

  • On July 23, Garmin users went to Twitter to express their concern over inaccessible website features.
  • Four days later, Garmin released an official statement confirming that a cyber attack had taken place. Garmin assured its users that no PII (personal identifying information) was compromised.
  • Garmin may be just the beginning of a new ransomware era that specifically targets large U.S. corporations.

CYBER SECURITY HUB – Seth Adler | August 13, 2020