Web host agrees to pay $1m after it’s hit by Linux-targeting ransomware

(credit: Aurich Lawson)

A Web-hosting service recently agreed to pay a $1 million to a ransomware operation that encrypted data stored on 153 Linux servers and 3,400 customer websites, the company said recently.

The South Korean Web host, Nayana, said in a blog post published last week that initial ransom demands were for five billion won worth of Bitcoin, which is roughly $4.4 million. Company negotiators later managed to get the fee lowered to 1.8 billion won and ultimately landed a...

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