Since the morning of July 23, many of Garmin’s services suddenly went down. Customers were frustrated, officials of the company did not know what was happening. But a few days later, they confirmed that those issues were the result of a cyberattack.
Interestingly, the hacker(s) asked for 10 million in ransom! Which the company reportedly gave. The company and a few sources suspect “Evil Corp.” a cybercriminal organization from Russia, being involved in some way. Several cybersecurity officials believe that the WastedLocker ransomware was used in this attack.
Indeed, this event carries a message and alert for organizations and people around the world, cyberattacks are on the rise, and we all need to stay alarmed.