“Outrageous” ransomware attack on European hospital network a reminder not to pay

By Lucy Ingham for Verdict
Thursday, May 7, 2020

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According to Krebs on Security, Fresenius previously opted to pay $1.5m in another ransomware incident, leading some experts to suggest that hackers see the organisation as an easy target that will pay out.

“This outrageous incident is a colourful validation of the FBI’s warning not to pay ransom. Reportedly, Fresenius has already paid a 7-digit ransom in the past to recover from a similar attack,” said Ilia Kolochenko, founder and CEO of web security company ImmuniWeb.

“Obviously, such a generous payment did not leave unscrupulous cybercriminals indifferent. Instead they quickly exploited the windfall and perfidiously re-raided this susceptible victim amid the crisis.” Read Full Article