💰

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
Other
Geographic Scope
Global
Response Actions
Paid a Ransom Managed Public Narrative & Crisis Communications
Impact Analysis
Event Types (2 identified)
Ransomware Extortion (non-ransomware)
Financial Impact
$30,000,000 USD
Records Affected
0
Data Types Compromised
Operational / System Data
Primary Impacts
Financial Loss Operational Disruption Reputational Damage
Key Decisions Made
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-payment
View Original Source
Timeline
Information Published

nan

Incident Occurred

2017-2018 (3021 days ago)

Status: Resolved

Estimated resolution based on age

Actions
View Company Profile