Ransomware gang demands $7.5 million from Argentinian ISP

A ransomware gang has infected the internal network of Telecom Argentina, one of the country’s largest internet service providers, and is now asking for a $7.5 million ransom demand to unlock encrypted files.

The incident took place over the weekend, on Saturday, July 18, and is considered one of Argentina’s biggest hacks.

Sources inside the ISP said hackers caused extensive damage to the company’s network after they managed to gain control over an internal Domain Admin, from where they spread and installed their ransomware payload to more than 18,000 workstations.

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Source: ZDNet