The Tel Aviv company paid millions to stop cyber criminals

Ofir Dor reports:

In early 2021, a team from Sygnia was called in to deal with an intrusion into the systems of a US technology company that develops and manufactures Wi-Fi equipment, and that has a $15 billion market cap. The company received an anonymous email demanding a ransom payment of 50 Bitcoins (about $1.9 million at the time), in exchange for restoring confidential information stolen from its systems, and revealing the back door that made the hack possible. After the company refused to pay, the attacker posted some of the information publicly.

Read more at Globes.

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