CNA Financial paid $40 million to hackers

clock • 2 min read

Hackers used Phoenix Locker ransomware to encrypt CNA's systems

American cyber insurance firm CNA Financial paid hackers $40 million to decrypt its data and restore systems, following a ransomware attack in March, according to sources. Citing people with kno...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Russia launches war's biggest cyberattack against Ukrainian mobile operator

Hacking

Attack has affected air raid alert systems near Kyiv

clock 13 December 2023 • 1 min read
Globalcaja confirms ransomware attack

Hacking

Play gang claims responsibility

clock 05 June 2023 • 3 min read
Dallas, Texas hit by ransomware attack

Hacking

Police and court websites have been impacted by the attack, which seems to have been executed by the Royal ransomware group

clock 04 May 2023 • 3 min read

More on Hacking

MoD hack: IT contractor concealed major hack for months

MoD hack: IT contractor concealed major hack for months

SSCL was reportedly awarded a contract worth over £500,000 in April, despite the breach occurring weeks earlier

clock 13 May 2024 • 2 min read
Dell confirms data breach affecting 49m people

Dell confirms data breach affecting 49m people

No financial info stolen, but names and addresses were leaked

clock 10 May 2024 • 2 min read
LockBit leader unmasked

LockBit leader unmasked

Named as Russian national Dmitry Khoroshev

clock 08 May 2024 • 3 min read