U.S. travel management firm CWT paid $4.5 million this week to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters.
Part of the payment negotiations between ransom -seeking cybercriminals - marked"Support" - and a representative of travel giant CWT - marked"You" is seen in this photo taken in Washington, D.C., U.S., July 30, 2020. REUTERS/Raphael Satter
CWT, which posted revenues of $1.5 billion last year and says it represents more than a third of companies on the S&P 500 U.S. stock index, confirmed the attack but declined to comment on the details of what it said was an ongoing investigation. The CWT representative in the negotiations, who said they were acting on behalf of the firm’s chief financial officer, said the company had been badly hit by the COVID-19 pandemic and agreed to pay $4.5 million in the digital currency bitcoin.
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