What is Bitcoin?Bitcoin ransomware locks 10 years’ worth of government data in Argentina
What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous developer Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
Bitcoin ransomware locks 10 years’ worth of government data in Argentina
Hungry hackers from Bitcoin have attacked a data center in Argentina where government files are kept. Argentina's Minister of Science and Technology Alyssa Banuelos says the attack took place on November 25.
In an interview on December 2, he said 90 percent of encrypted data had been recovered. The attack affected the government's 7700 GB data for 10 years.
ELISA said the decrypting process will take 15 days to complete.
The exact amount of the ransom demanded by the hackers could not be ascertained, but it is estimated that the amount was between $ 37,000 and $ 380,000.
In one such case, a hackergroup last week raided an American data center and obtained 200,000 bucks worth of coins in three days.
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous developer Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
Hungry hackers from Bitcoin have attacked a data center in Argentina where government files are kept. Argentina's Minister of Science and Technology Alyssa Banuelos says the attack took place on November 25.
In an interview on December 2, he said 90 percent of encrypted data had been recovered. The attack affected the government's 7700 GB data for 10 years.
The exact amount of the ransom demanded by the hackers could not be ascertained, but it is estimated that the amount was between $ 37,000 and $ 380,000.
In one such case, a hackergroup last week raided an American data center and obtained 200,000 bucks worth of coins in three days.
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