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University gets paid ransom after cyber attack

Crazy turn after cyber attack

Uni pay scammers a ransom – and even make a profit

A university in the Netherlands has been attacked and has paid hackers a huge ransom. Now the money has been repaid – “at super interest”.

Published: 03/07/2022 at 11:40 a.m.

They cheated and still make a profit! A Dutch university has recovered part of the stolen funds after a massive cyber attack – and at “super interest”: Maastricht University paid a ransom of €200,000 in Bitcoin in 2019, daily de Volkskrant reported Saturday. The university now only gets a portion of that refund – but that also accounts for around €500,000 due to the explosion in the value of the internet’s currency.

According to the information, the university was subjected to a large-scale cyber attack in 2019. The criminals used the so-called ransomware, a type of malware that blocks or restricts access to data until the victim pays a ransom.