Web host agrees to pay $1m after it’s hit by Linux-targeting ransomware — from arstechnica.com by Dan Goodin
Windfall payment by poorly secured host is likely to inspire new ransomware attacks.
Excerpt (emphasis above and below by DSC):
A Web-hosting service recently agreed to pay $1 million to a ransomware operation that encrypted data stored on 153 Linux servers and 3,400 customer websites, the company said recently.
The South Korean Web host, Nayana, said in a blog post published last week that initial ransom demands were for five billion won worth of Bitcoin, which is roughly $4.4 million. Company negotiators later managed to get the fee lowered to 1.8 billion won and ultimately landed a further reduction to 1.2 billion won, or just over $1 million. An update posted Saturday said Nayana engineers were in the process of recovering the data. The post cautioned that that the recovery was difficult and would take time.