Malicious Attack On Argentinian Government Through Bitcoin Ransomware

[Enwapame Lee]

These hackers that attacked the Argentinian government asked for almost a 37,000 to 37,0000 Dollar from the large accounts of the government. Thankfully, the Argentinian government has managed to recover 70 per cent of its data. But the authorities are yet to recover the remaining 15 per cent. Demands of the hackers have been in the form of cryptocurrencies. They have full-fledged asked for a considerable amount of income from the government.

The stolen data is entirely confidential and could lose the government out on a massive bulk of the value. Also, the same situation has been faced by some entity wherein the hackers spammed some data that was almost about 7.300 GB and asked for a massive amount of income for the recovery of the same. Things have simultaneously changed, and now the government is better prepared with a whole lot of malware detecting and ransomware attacking tools. Thus, this credit goes to the technical analyst team of experts that have made all those changes.
 

Troubled History Of Hackers With Argentinian Government

Hackers have had several run-ins with the law in the past. Also, they choose high-profile targets, which is why they have gained a whole lot of money out of their ransomware scams. The government and their agencies identify most of these cases but the other ones fall short in identifying the crime. These ransomware scams help hackers gain a considerable amount of money. Sometimes these hackers that are famously known as ransomware make the Argentinian government their victim, but other times they try to rob the other bodies.

News source: https://www.cryptoknowmics.com/news/malicious-attack-on-argentinian-government-through-bitcoin-ransomware