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Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

The most recent attack was against Garmin (NASDAQ:GRMN), a navigation systems company, on July 23. Due to the attack, many of its online services such as customer support, website functions and company communications were affected. Reportedly, the Russian cybergang Evil Corp launched the attack, demanding $10 million in cryptocurrency to restore access to Garmin’s services.

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Source: Cryptocurrency - investing.com

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