Author Topic: Hackers were paid ransom after attack on Canadian insurance firm, court documents reveal  (Read 264 times)

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Offline TomSea

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Hackers were paid ransom after attack on Canadian insurance firm, court documents reveal
Canadian company paid $950,000 US ransom through cyber insurer; extent of data breach remains unclear

A Canadian insurance company suffered a ransomware attack last fall that saw 1,000 of its computers infected, raising questions about what sensitive data may have been accessed by hackers and whether the firm disclosed the breach to its customers. The case has only now come to light because of recent court filings in Britain.

The unnamed firm had itself purchased coverage in case of a cyberattack. The company's U.K.-based reinsurer paid $950,000 US to unlock the hijacked files and is now fighting to get the money back from criminals, according to court documents stemming from a hearing held in private.

"A hacker managed to infiltrate and bypass the firewall of [the Canadian company] and installed malware called BitPaymer," reads a Dec. 13 ruling from England's High Court in London. The document was published Jan. 17 and the case was first reported by the New Money Review.

More at: https://www.cbc.ca/news/technology/unnamed-insurance-company-cyberattack-1.5445326

So, I'm not getting any info on the identity of the suspects.

2 links in the article:
https://www.newmoneyreview.com/index.php/2020/01/25/london-judge-freezes-bitcoin-from-ransomware-attack/

https://www.bailii.org/ew/cases/EWHC/Comm/2019/3556.html