{"id":59428,"date":"2020-08-04T14:55:00","date_gmt":"2020-08-04T14:55:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2686912"},"modified":"2020-08-04T14:55:00","modified_gmt":"2020-08-04T14:55:00","slug":"garmin-reportedly-paid-millions-to-resolve-its-recent-ransomware-attack","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/08\/04\/garmin-reportedly-paid-millions-to-resolve-its-recent-ransomware-attack\/","title":{"rendered":"Garmin reportedly paid millions to resolve its recent ransomware attack"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4001-logo.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<div class=\"o-title_mark@tp+ bc-gray-1 col-10-of-12@tl+\">\n<div class=\"t-d7@m- t-d4@tp t-d3-b@tl t-d2@d mt-15 mt-25@tp c-gray-3 c-gray-6@m-\">The company is said to have made the payment through a third party.<\/div>\n<\/div>\n<section id=\"engadget-article-meta-bar\" class=\"o-meta_bar@tl+          mt-35 mt-20@m-\" data-ylk=\"sec:articlemetabar;itc:0;\">\n<div class=\"grid@tl+\">\n<div class=\"grid@tl+__cell col-12-of-12@tp col-5-of-12@tl+ vm\"><img decoding=\"async\" src=\"https:\/\/o.aolcdn.com\/images\/dims?thumbnail=640%2C&amp;quality=95&amp;image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-images%2F2020-07%2Fdbb67fd0-d0b5-11ea-bffc-71fd9fe1a86d&amp;client=amp-blogside-v2&amp;signature=d0cac93c0ca910faff0829ce57404d5377450a3f\" alt=\"BRAZIL - 2020\/06\/08: In this photo illustration the Garmin logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique\/SOPA Images\/LightRocket via Getty Images)\" \/><\/div>\n<div class=\"grid@tl+__cell col-12-of-12@tp col-5-of-12@tl+ vm\">\n<div id=\"engadget-post-contents\" class=\"o-article_block pb-15 pb-5@m- o-subtle_divider\" data-ylk=\"sec:postcontents;slk:Garmin%20reportedly%20paid%20millions%20to%20resolve%20its%20recent%20ransomware%20attack;elm:link;itc:0;\">\n<div class=\"grid@tl+\">\n<div class=\"grid@tl+__cell col-8-of-12@tl+\">\n<div class=\"article-text c-gray-1\">\n<p>Garmin&nbsp;<a href=\"https:\/\/www.engadget.com\/garmin-connect-services-outage-update-145117395.html\">suffered an outage<\/a>&nbsp;last month that temporarily took many of the company&rsquo;s systems and services offline. It later&nbsp;<a href=\"https:\/\/www.engadget.com\/garmin-confirms-cyberattack-164913517.html\">claimed it was the victim of a cyberattack<\/a>&nbsp;without offering specifics of what caused it. Reports suggested ransomware was involved, and there are some more indications that was the case.<\/p>\n<p>According to&nbsp;<a href=\"https:\/\/news.sky.com\/story\/garmin-paid-multi-million-dollar-ransom-to-criminals-using-arete-ir-say-sources-12041468\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Sky News,<\/em><\/a>&nbsp;Garmin paid a &ldquo;multi-million dollar ransom&rdquo; via a third-party company called Arete Incident Response to regain access to its files and systems. Engadget has contacted Garmin for comment.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div id=\"engadget-post-continued-contents\" class=\"o-article_block pb-15 pb-5@m- mt-n35 mt-n25@m mt-n15@s\">\n<div class=\"grid@tl+\">\n<div class=\"full-width@tp- grid@tl+__cell col-8-of-12@tl+\">\n<div class=\"article-text c-gray-1 no-review\">\n<p>It hasn&rsquo;t been revealed who was behind the attack nor to whom a ransom (if any) was paid. Some security researchers believe the WastedLocker ransomware (<a href=\"https:\/\/www.engadget.com\/garmin-outage-ransomware-attack-120555092.html\">said to be the cause of the outage<\/a>) is linked to a Russia-based group of cybercriminals known as Evil Corp. The US Treasury&nbsp;<a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sm845\" target=\"_blank\" rel=\"noopener noreferrer\">sanctioned that organization<\/a>&nbsp;last year, accusing it of being responsible for developing and distributing another form of malware called&nbsp;<a href=\"https:\/\/www.engadget.com\/2019-12-05-doj-russian-nationals-charged-cybercrime.html\">Dridex<\/a>. The sanction &ldquo;generally prohibited&rdquo; US persons from &ldquo;engaging in transactions&rdquo; with specific companies and people linked to Evil Corp.<\/p>\n<p>Arete Incident Response, which helps companies secure their networks and resolve attacks,&nbsp;<a href=\"https:\/\/areteir.com\/wp-content\/uploads\/2020\/07\/Ransomware-WastedLocker-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">recently suggested<\/a>&nbsp;that WastedLocker was not conclusively the work of Evil Corp. It published a study on that topic the day after Garmin said it was attacked. Arete told&nbsp;<em>Sky News<\/em>&nbsp;it &#8220;follows all recommended and required screenings to ensure compliance with US trade sanctions laws.&#8221;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.engadget.com\/garmin-connect-services-outage-update-145117395.html\" target=\"_blank\">https:\/\/www.engadget.com\/garmin-connect-services-outage-update-145117395.html<\/a><br \/><b>Contact Information:<\/b><br \/>Kris Holt<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Kris Holt<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4001-logo.png\" alt=\"\">The company is said to have made the payment through a third party. Garmin&nbsp;suffered an outage&nbsp;last month that temporarily took many of the company&rsquo;s systems and services offline. It later&nbsp;claimed it was the victim of a cyberattack&nbsp;without offering specifics of what caused it. Reports suggested ransomware was involved, and there are some more indications that &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/08\/04\/garmin-reportedly-paid-millions-to-resolve-its-recent-ransomware-attack\/\">Continue reading <span>Garmin reportedly paid millions to resolve its recent ransomware attack<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/08\/04\/garmin-reportedly-paid-millions-to-resolve-its-recent-ransomware-attack\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-59428","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Garmin reportedly paid millions to resolve its recent ransomware attack - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/08\/04\/garmin-reportedly-paid-millions-to-resolve-its-recent-ransomware-attack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Garmin reportedly paid millions to resolve its recent ransomware attack - Business\" \/>\n<meta property=\"og:description\" content=\"The company is said to have made the payment through a third party. 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