Garmin Security Incident

Attacks Cloud Data Executive Decisions IoT Malware Mobile Network Security Strategy Threat Defense Filter Categories Attacks Cloud Data Executive Decisions IoT Malware Mobile Network Security Strategy Threat Defense Incident Of The Week: Garmin Pays $10 Million To Ransomware Hackers Who Rendered Systems Useless It is believed that Garmin paid the $10 million ransom. Add bookmark Seth Adler 08/14/2020 [Records Exposed: N/A | Industry: Technology | Type Of Attack: Ransomware] On July 23, Garmin users went to Twitter to express their concern over inaccessible website features. Four days later, Garmin released an official statement confirming that a cyber attack had taken place. Garmin assured its users that no PII (personal identifying information) was compromised. In this article, you will learn about: The facts of the attack. What were the lessons learned after the attack? Some quick tips to prevent ransomware. The Facts: Garmin is most commonly known for its fitness tracking capabilities in the form of GPS wearables, but the corporation also operates in the aviation space. Consequently, some planes whose aviation infrastructure relies on Garmin technology were also affected by the hack. Hackers deployed the ransomware tool WastedLocker , which encrypts key data on a companys digital infrastructure. In the case of Garmin, website functions, customer support, and user applications were all affected. Unlike typical ransomware software, WastedLocker does not steal identifying information and hold it for ransom. Instead, it renders programs useless until decrypted. The hacking organization then demands a fee for the decryption key. In the case of Garmin, although not verified by the U.S. corporation, it is believed that Garmin paid the $10 mn ransom . In the world of cyber crime, however, nothing is cut and dry. Cyber security experts have linked this young ransomware tool with the Russian hacking group known as Evil Corp . If this is the case, assuming the...

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