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Cryptocurrency News

Dutch University set to recover more than twice the paid BTC ransom in 2019

07/05/2022

Less than a minute

2022.07.05 22:00

Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019.

In 2019, a ransomware hack targeted the said university and froze all its research data, emails and library resources. The hackers demanded €200,000 in BTC and the university decided to pay the said amount fearing losing critical research data.

07/05/2022

Less than a minute