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Proven Data Recovery Security Incident
2017-2018
3021 days ago
Resolved
Incident Overview
Situation Description
Two U.S. data recovery firms, Proven Data Recovery and MonsterCloud, claimed to offer ethical ransomware solutions but instead paid ransoms and charged victims extra fees.
Event Types
Ransomware
Extortion (non-ransomware)
Industry Sector
OtherGeographic Scope
GlobalResponse Actions
Paid a Ransom
Managed Public Narrative & Crisis Communications
Impact Analysis
Event Types (2 identified)
Ransomware
Extortion (non-ransomware)
Financial Impact
$30,000,000 USDRecords Affected
0Data Types Compromised
Operational / System Data
Primary Impacts
Financial Loss
Operational Disruption
Reputational Damage
Key Decisions Made
Proven Data Recovery made ransom payments to SamSam hackers over more than a year.; Proven Data Recovery stopped dealing with SamSam hackers after the U.S. government took action against them.; Proven Data Recovery's policy on disclosing ransom payments to clients evolved over time, with past practices being less transparent than current ones.
Technical Analysis
Attack Method
Unknown
Threat Actor Attribution
SamSam
Additional Information
Quick Facts
- Company:
- Proven Data Recovery
- Date:
- 2017-2018
- Status:
- Resolved
- Decision Maker:
- Victor Congionti
- Position:
- chief executive
- Published:
- nan
Source Information
Original Query
analysis of stock price recovery time for companies disclosing ransomware payments vs non-paymentTimeline
Information Published
nan
Incident Occurred
2017-2018 (3021 days ago)
Status: Resolved
Estimated resolution based on age