Argentina’s Immigration Office Faces A Ransomware Attack; Hackers Demand $4M In Bitcoin

Argentina’s Immigration Office Faces A Ransomware Attack; Hackers Demand $4M In Bitcoin
ôîòî ïîêàçàíî ñ : bitcoinexchangeguide.com

2020-9-7 15:59

Argentina’s immigration networks paralyzed for hours in a ransomware attack. Hackers double their ransom payment to $4 million after the agency refuses to cooperate. Ransom to be paid in Bitcoins (BTC).

Argentina’s official immigration ministry faces a ransomware attack, paralyzing checkpoints and getting into and out of the country for four hours. A criminal complaint filed by Argentina's cybercrime agency, Unidad Fiscal Especializada en Ciberdelincuencia, shows that several checkpoints across the country could not function on Aug 27 from 7 AM local time.

The Newalker ransomware attack affected operations across the Argentine immigration networks forcing the federal government agency to shut down their systems. This was to prevent any more data from being compromised by hackers. The complaint reads,

“Being approximately 7 a.m. of the day indicated in the paragraph above, the Directorate of Technology and Communications under the Directorate General Information Systems and Technologies of this Organization received numerous calls from various checkpoints requesting technical support.”

This presents the first case of an Argentine federal agency facing a ransomware attack.

Attackers Demand $4 million in BTC as Ransom

The hackers left a note on the encrypted files providing a method for the immigration office to pay up a ransom to get the files decrypted. According to images shared by Bleeping Computer, the hackers dictated a payment of $2 million ransom in Bitcoins to their dark web crypto wallet.

The ransom note left by Argentina's Immigration Office hackers (Source: Bleeping Computer)

However, the immigration ministry official has stood their ground, refusing to negotiate with the hackers. A government source said,

“they will not negotiate with hackers, and neither they are too concerned with getting that data back.”

Following the expiration of the first deadline, the encrypted data note automatically updated the ransom amount to double the price – about 355.871 BTC (~$4 million). No expiration date has been set on the second ransom payment.

Increasing cases of ransomware attacks?

As mentioned above, the hacking of federal agencies is rare. However, corporations and municipal governments suffer from ransomware attackers frequently. At the end of 2019, an Argentinian data firm, San Luis, faced a ransomware attack after 7,500 GB of data was encrypted with the hackers asking anywhere from $37,000 to $370,000 to decrypt the files.

In July this year, Argentina’s largest telco company, Telecom SA, was targeted by a ransomware attack with hackers demanding a $7.5 million payout in privacy-focused cryptocurrency, Monero (XMR). The data was withheld for three days before the company was able to bring back up operations for its customers.

The post Argentina’s Immigration Office Faces A Ransomware Attack; Hackers Demand M In Bitcoin first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Uniform Fiscal Object (UFO) íà Currencies.ru

$ 6.25E-5 (+0.37%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.93 %, 7d: -47.37 %
Cåãîäíÿ L: $6.2E-5 - H: $6.25E-5
Êàïèòàëèçàöèÿ $0 Rank 8389
Öåíà â ÷àñ íîâîñòè $ 0.0001923 (-67.5%)

argentina country attack checkpoints faces ransomware immigration

argentina country → Ðåçóëüòàòîâ: 55


Ôîòî:

As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?

In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values. The Argentina situation before the pandemic was pretty bad as the South American country had been in a three-year recession before the coronavirus struck. A few […]

2020-7-6 21:59


Huobi fiat-to-crypto exchange may address Argentina’s inflation problem

Argentina, long a cornerstone economy for Latin America, and the world’s eighth-largest country, has been plagued by debt and diminished financial opportunities. While this troubling reality plays out in different ways, one of the most obvious ramifications is the country’s inflation rate, which exceeded 50 percent in August 2019.

2019-9-20 11:58


Ôîòî:

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer […] The post Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money appeared first on Bitcoin News.

2019-9-6 00:00


Argentina: Bitcoin Bought at $20K Retained More Value Than the Peso

Bitcoin has proven to be a store-of-value in Argentina where you would have been better off buying BTC at its peak rather than hold the peso. Argentina Ensnared Political and Economy Turmoil The Argentinian economy continues to shrink, afflicted by stubbornly high inflation, which President Mauricio Macri, who is running for re-election, has been unable to rein in.

2019-5-21 03:00


FSB Countries and IMF Open Global Standards For Cryptocurrency Regulations Talks Ahead of G20

Financial authorities from the Financial Stability Board (FSB) and 11 international organization have met in New York in order to discuss global standards of cryptocurrency regulations. After a year in which Argentina hosted the G-20 summit, Japan will be the new country planning the upcoming financial, political and economic meetings for the G-20 throughout 2019. […]

2019-4-30 18:29