#Ukraine uncovers ring behind $500 million hacking operation
“#Ukraine uncovers ring behind $500 million hacking operation”
Ukrainian police say they have uncovered a ring of computer hackers responsible for cyberattacks that targeted universities in the United States and firms South Korea, causing half a billion dollars in damage.
A police statement on Wednesday said the hackers attacked four South Korean companies in 2019 with an encryption virus that blocked internal servers and employees’ computers.
It said the affected companies paid ransom to decrypt the information, but did not name the companies or state the amount paid.
The statement also said the hackers this year targeted personal data and financial records at the Stanford University Medical School, the University of California and the University of Maryland.
The police statement said suspects’ homes were raided and equipment and about 5 million hryna ($185,000) in cash were seized. It did not specify whether any suspects were detained.
Ukraine uncovers ring that hacked banks in US, Europe
© 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Citation:
Ukraine uncovers ring behind $500 million hacking operation (2021, June 16)
retrieved 16 June 2021
from https://techxplore.com/news/2021-06-ukraine-uncovers-million-hacking.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
For forums sites go to Forum.BuradaBiliyorum.Com
If you want to read more Like this articles, you can visit our Science category.
