South Korean Web Hosting Provider Pays $1 Million to Erebus Ransomware Attackers

Ionut Arghire reports:

South Korean web hosting company Nayana agreed to pay $1 million in Bitcoin after a ransomware attack hit 153 Linux servers.

The attack took place June 10 and resulted in over 3,400 business websites the company hosts being encrypted. According to the Nayana’s initial announcement, the attacker demanded 550 Bitcoins (over $1.6 million) to decrypt the infected files. Following negotiations, they lowered the ransom demand to 397.6 Bitcoins (around $1.01 million).

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