Technology • Internet & Web

Argentina: Telecom falls victim to a ransomware, attackers demand $7.5 million

Telecom, Argentina's largest telecommunications company, suffered a ransomware attack to its call centre on July 18. The attackers asked for a $7.5 million ransom demand to unlock encrypted files, a value that should double if not paid in 48 hours.

The company announced : "Telecom reports that it managed to contain a cyber attack attempt, of global dispersion, on its platforms. No critical services of the company were affected. It should also be noted that no client of the company was affected by this situation, as well as the bases of company data. Customer service efforts, suspended preventively, will be gradually restored.".

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Card reviewed by: @christoph