Fortune 50 Company Shells Out Record-Breaking $75 Million to Ransomware Gang

Dark Angels ransomware gang sets a new record with a staggering $75 million ransom payment from an unnamed Fortune 50 company. This payment eclipses the previous high of $40 million, highlighting the escalating threat of ransomware attacks. Speculation suggests pharmaceutical giant Cencora might be the victim.

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Published: July 31, 2024 3:15 pmAdded: July 31, 2024 at 8:46 amAssembled by: The Editor
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Hot Take:

Looks like Dark Angels have flown straight into the record books, leaving a Fortune 50 company with a $75 million hole in its wallet. At this rate, investing in cybersecurity might just be cheaper than paying off these digital pirates!

Key Points:

  • Fortune 50 company pays $75 million to Dark Angels ransomware gang.
  • Previous record ransom was $40 million by Evil Corp.
  • Speculation points to pharmaceutical giant Cencora as the victim.
  • Ransomware threats are increasing with 19 new families identified.
  • US is the top target, accounting for nearly half of all attacks.

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