Friday 7 February 2020
A Dutch university resorted to paying hackers $220,000 in Bitcoin to release computer systems held for ransom since Christmas Eve, reports Reuters. University of Maastricht vice president Nick Bos announced at a press conference on Wednesday it had bowed to the cyberattackers’ demands, as it otherwise would’ve had to rebuild its entire IT network to get back online. “The damage of that to the work of the students, scientists, staff, as well as the continuity of the institution, can scarcely be conceived,” said university vice president Nick Bos, as quoted by Reuters. Bos confirmed the attackers gained entry to the…
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