Garmin LTD, a smart watch maker from America, has made it official that it has recovered fully from the WastedLocker ransomware attack that took place early last week. Although the company did not disclose the way of recovery, a source from the company leaked that the servers were unlocked for access after a ransom of $10 million was paid to hackers.
Various media sources have reported that a Russian hacker’s gang named Evil Corp that is being headed by the 33-year-old Maksim Viktorovich was behind the sophisticated attack that might have taken place after accounts of an employee or two were compromised through a social engineering attack.
Readers of the Cybersecurity Insiders have to notify a fact over here that Maksim is the same guy on whose name FBI has issued an arrest warrant long ago and is carrying a $5m bounty on his head, which could be the highest reward ever offered to nab a cyber crook by the US law enforcement.
Evil Corp is known to hit file servers, cloud environments, data centers of technology companies and Media & Entertainment corps. The said hacking group which has set Kremlin as its business hub has set up a unique business model where the victim’s backup applications are also neutralized, thus forcing the victims to pay to the hacker at any cost.
Note- With WannaCry attack launched by North Korea, the hackers were seen exploiting vulnerabilities in Windows OS.
According to research by Symantec, Evil Corp is also seen secretly hosting malware on newspaper websites that see a lot of web traffic every day.