University of Calgary -$20,000 paid in Ransomware attack

cryptoransomware-encryption-300x205The University of Calgary has been hit by a ransomware attack. The university was forced to pay $20,000 to their attackers to get the  decryption key that will enable them access their files again. The attack took place in May.

Linda Dalgetty, the University’s VP of finances and services on the decryption procedure, said:

“The actual process of decryption is time-consuming and must be performed with care. It is important to note that decryption keys do not automatically restore all systems or guarantee the recovery of all data. A great deal of work is still required by IT to ensure all affected systems are operational again, and this process will take time,”

“The university is working with various experts in this field, and because this was a criminal act, the Calgary Police Service has been brought in as part of the investigation. As this is an active investigation, we are not able to provide further details on the nature of the attack, specific actions taken to address it, or how or if decryption keys will be used.”

Ransomware attacks have become a major tool in the hands of Black Hat Hackers in recent times, usually targeting large organizations like hospitals and schools.

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