An electronics manufacturer that contracts with the U.S. Department of Defense paid $500,000 to cybercriminals after its network was infected with ransomware.
In mid-January, the California-based contractor was the victim of a cyberattack that brought its operations to a standstill. The organization builds components for military devices and equipment, including radar, missile seekers, and electronic warfare technology.
The organization stated that the ransomware infection was caused by an internal domain administrator with the highest security clearance clicking on a malicious link.
The file encryption malware spread through all of the organization's offices and even into its on-site backups. Juan Lugo "Bitglass Security Spotlight: Cyber Attack Results in Defense Contractor Paying $500,000 Ransom" securityboulevard.com (Mar. 16, 2020).