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Travel giant CWT pays $6.3m ransom to cyber criminals – Security

US travel management firm CWT paid US$four.5 million (A$6.3 million) to hackers who stole reams of sensitive corporate data files and said they had knocked 30,000 computers offline, according to a report of the ransom negotiations seen by Reuters.

The attackers used a strain of ransomware named Ragnar Locker, which encrypts computer data files and renders them unusable until eventually the victim pays for obtain to be restored.

The ensuing negotiations concerning the hackers and a CWT consultant remained publicly obtainable in an on line chat team, delivering a uncommon perception into the fraught relationship concerning cyber criminals and

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