Dutch University set to recover more than twice the paid BTC ransom in 2019

Dutch University set to recover more than twice the paid BTC ransom in 2019

The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources. Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019.In 2019, a ransomware hack targeted the said university and froze all its research data, emails and library resources. The hackers demanded €200,000 in BTC and the university decided to pay the said amount fearing losing critical research data.The Dutch Public Prosecution....


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