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Homepage/Blockchain Technology/PGA Championship- The Newest Bitcoin Ransomware Victim
BLOCKCHAIN TECHNOLOGYNEWS

PGA Championship- The Newest Bitcoin Ransomware Victim

BY Anca Florentis·2 MIN READ·AUGUST 10, 2018

The PGA (Professional Golfers Association) Championship’s computer system has been the latest victim in a hacking attack in which they requested the ransom to be paid in Bitcoin.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
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2 minEstimated time to read the full report

The PGA’s computer system experienced a security breach which left some files inaccessible until Bitcoin $6523.55 +1.41% are paid for the ransom, according to Newsmax. While viewers are paying attention to the match play, the PGA will be dedicating their efforts to solve the issue.

While the ransom sum is undetermined, the potential threat of another attack of this kind is still looming. On Tuesday developers that were trying to access the files encounter the following message:

“Your network has been penetrated. All files on each host in the network have been encrypted with a strong algorythm [sic]. We exclusively have decryption software for your situation. No decryption software is available in the public.”

While the hackers were kind enough to leave a wallet number and the promise of decrypting two files as a test, PGA officials have allegedly declined to pay the ransom.

Golfweek stated that the infected files were linked to promotional material which includes banners and logos for both the PGA Championship and the impending Ryder Cup. While this may impact how the tournament will unfold, although the situation poses a major inconvenience for the technical staff, along those that created the material.

The association has requested the help of an external IT team so they can save some of the files.

The PGA has not made any public comments regarding the situation as the security issues have not yet been solved.

But ransomware attacks with that demand their ransom to be paid in Bitcoin are not something new to the industry. Various institutions, from hospitals to government organizations, as well as a variety of businesses from various industries and sector, have been affected by these types of attacks.

SOURCE TRANSPARENCY
  • External Source - Referenced domain: en.wikipedia.org
  • External Source - Referenced domain: bitcoin.org
  • External Source - Referenced domain: newsmax.com
  • External Source - Referenced domain: golfweek.com
  • Byline - Reported by Anca Florentis
  • Coverage Desk - Primary editorial category: Blockchain Technology