One of the US’s largest insurance companies reportedly paid $40 million to ransomware hackers

CNA Financial, one of the largest US insurance companies, paid $40 million to free itself from a ransomware attack that occurred in March, according to a report from Bloomberg. The hackers reportedly demanded $60 million when negotiations started about a week after some of CNA’s systems were encrypted, and the insurance company paid the lower sum a week later.

https://www.theverge.com/2021/5/20/22446388/cna-insurance-ransomware-attack-40-million-dollar-ransom