Major Argentine Telecom Falls Victim to $7.5M Monero Ransomware Attack
Cointelegraph
Published Jul 20, 2020 12:57PM ET
Updated Jul 20, 2020 02:40PM ET
Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours.
According to El Tribuno, the ransomware attack, which specifically affected Telecom’s call center, took place on July 18. The ransomware was ultimately contained by the Argentinian conglomerate’s IT workers. In a statement issued to local media outlets, the company elaborated:
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Written By: Cointelegraph
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