Home / Gadgets / Garmin global outage caused by ransomware attack, sources say

Garmin global outage caused by ransomware attack, sources say


Garmin global outage caused by ransomware attack, sources say – TechCrunch

An ongoing global outage at sport and fitness tech giant Garmin was caused by a ransomware attack, according to two sources with direct knowledge of the incident.

The incident began late Wednesday and continued through the weekend, causing disruption to the company’s online services for millions of users, including Garmin Connect, which syncs user activity and data to the cloud and other devices. The attack also took down flyGarmin, its aviation navigation and route-planning service.

Portions of Garmin’s website were also offline at the time of writing.

Garmin has said little about the incident so far. A banner on its website reads: “We are currently experiencing an outage that affects Garmin.com and Garmin Connect. This outage also affects our call centers, and we are currently unable to receive any calls, emails or online chats. We are working to resolve this issue as quickly as possible and apologize for this inconvenience.”

In a brief update on Saturday, Garmin said it had “no indication that this outage has affected your data, including activity, payment or other personal information.”

The two sources, who spoke on the condition of anonymity as they are not authorized to speak to the press, told TechCrunch that Garmin was trying to bring its network back online after the ransomware attack. One of the sources confirmed that the WastedLocker ransomware was to blame for the outage.

One other news outlet appeared to confirm that the outage was caused by WastedLocker.

Garmin’s online services have been down for days. The cause is believed to be ransomware, according to two sources with direct knowledge of the incident. (Screenshot: TechCrunch)

WastedLocker is a new kind of ransomware, detailed by security researchers at Malwarebytes in May, operated by a hacker group known as Evil Corp. Like other file-encrypting malware, WastedLocker infects computers, and locks the user’s files in exchange for a ransom, typically demanded in cryptocurrency.

Malwarebytes said that WastedLocker does not yet appear to have the capability to steal or exfiltrate data before encrypting the victim’s files, unlike other, newer ransomware strains. That means companies with backups may be able to escape paying the ransom. But companies without backups have faced ransom demands as much as $10 million.

The FBI has also long discouraged victims from paying ransoms related to malware attacks.

Evil Corp has a long history of malware and ransomware attacks. The group, allegedly led by a Russian national Maksim Yakubets, is known to have used Dridex, a powerful password-stealing malware that was used to steal more than $100 million from hundreds of banks over the past decade. Later, Dridex was also used as a way to deliver ransomware.

Yakubets, who remains at large, was indicted by the Justice Department last year for his alleged part in the group’s “unimaginable” amount of cybercrime during the past decade, according to U.S. prosecutors.

The Treasury also imposed sanctions on Evil Corp, including Yakubets and two other alleged members, for their involvement in the decade-long hacking campaign.

By imposing sanctions, it’s near-impossible for U.S.-based companies to pay the ransom — even if they wanted to — as U.S. nationals are “generally prohibited from engaging in transactions with them,” per a Treasury statement.

Brett Callow, a threat analyst and ransomware expert at security firm Emsisoft, said those sanctions make it “especially complicated” for U.S.-based companies dealing with WastedLocker infections.

“WastedLocker has been attributed by some security companies to Evil Corp, and the known members of Evil Corp — which purportedly has loose connections to the Russian government — have been sanctioned by the U.S. Treasury,” said Callow. “As a result of those sanctions, U.S persons are generally prohibited from transacting with those known members. This would seem to create a legal minefield for any company which may be considering paying a WastedLocker ransom,” he said.

Efforts to contact the alleged hackers were unsuccessful. The group uses different email addresses in each ransom note. We sent an email to two known email addresses associated with a previous WastedLocker incident, but did not hear back.

A Garmin spokesperson could not be reached for comment by phone or email on Saturday. (Garmin’s email servers have been down since the start of the incident.) Messages sent over Twitter were also not returned. We’ll update if we hear back.


Send tips securely over Signal and WhatsApp to +1 646-755-8849, or email: zack.whittaker@protonmail.com

ntn”,”protected”:false},”excerpt”:”rendered”:”

Advertisements

Whether youu2019re an early-stage startup founder, investor, enthusiast or another integral member of the community, you canu2019t afford to miss Disrupt 2020 u2014 THE tech conference at the epicenter of the startup ecosystem. Hereu2019s something else you canu2019t afford to miss u2014 early-bird pricing. Buy your pass before July 31 at 11:59 p.m. PT and […]n”,”protected”:false,”author”:70113879,”featured_media”:2021204,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”carmot_uuid”:”20ca2710-2b86-3e35-8ba5-76c5712331b4″,”categories”:[426985170,20429],”tags”:[36525172],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_event”:[576703170],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png”,”shortlink”:”https://tcrn.ch/3jBtLoT”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[],”associatedEvent”:”ad”:”display”:true,”title”:”Experience a whole new digital Disrupt with the Digital Pro Pass – Prices increase next week”,”override_link”:”https://techcrunch.com/events/disrupt-sf-2020/tickets?utm_medium=articlepromo&utm_campaign=disruptsf2020&utm_content=&utm_source=tc&promo=articlepromo&display=”,”date”:1600041600,”link”:”https://techcrunch.com/events/disrupt-sf-2020/”,”status”:”pre”,”title”:”Disrupt 2020″,”termID”:576703170,”event”:1888488,”authors”:[70113879],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/2020327″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2020327″],”version-history”:[“count”:9,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2020327/revisions”],”predecessor-version”:[“id”:2021460,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2020327/revisions/2021460″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/70113879″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=2020327&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/70113879″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2021204″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=2020327″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=2020327″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=2020327″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=2020327″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=2020327″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=2020327″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:70113879,”name”:”Alexandra Ames”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/alexandra-ames/”,”slug”:”alexandra-ames”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=96&d=identicon&r=g”,”links”:”crunchbase”:”https://www.crunchbase.com/person/alexandra-ames”,”position”:”Sr. Marketing Manager”,”cbDescription”:””,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1456185497/eexgqcxbjbudqhobsoli.jpg”,”twitter”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/70113879″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:70113879,”name”:”Alexandra Ames”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/alexandra-ames/”,”slug”:”alexandra-ames”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/e18def9ac0435573e259c917d8cf7246?s=96&d=identicon&r=g”,”links”:”crunchbase”:”https://www.crunchbase.com/person/alexandra-ames”,”position”:”Sr. Marketing Manager”,”cbDescription”:””,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1456185497/eexgqcxbjbudqhobsoli.jpg”,”twitter”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/70113879″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”wp:featuredmedia”:[“id”:2021204,”date”:”2020-07-24T05:51:47″,”slug”:”disrupt-2020-illustration”,”type”:”attachment”,”link”:”https://techcrunch.com/2020/07/24/early-bird-savings-for-disrupt-2020-ends-next-week/disrupt-2020-illustration/”,”title”:”rendered”:”Disrupt 2020 Illustration”,”author”:70113879,”license”:””,”authors”:[70113879],”caption”:”rendered”:””,”alt_text”:””,”media_type”:”image”,”mime_type”:”image/png”,”media_details”:”width”:1328,”height”:695,”file”:”2020/07/Disrupt-2020-Illustration.png”,”sizes”:”thumbnail”:”file”:”Disrupt-2020-Illustration.png?resize=150,79″,”width”:150,”height”:79,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=150″,”medium”:”file”:”Disrupt-2020-Illustration.png?resize=300,157″,”width”:300,”height”:157,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=300″,”medium_large”:”file”:”Disrupt-2020-Illustration.png?resize=768,402″,”width”:768,”height”:402,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=1024″,”large”:”file”:”Disrupt-2020-Illustration.png?resize=680,356″,”width”:680,”height”:356,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=680″,”guest-author-32″:”file”:”Disrupt-2020-Illustration.png?resize=32,32″,”width”:32,”height”:32,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=32&h=32&crop=1″,”guest-author-50″:”file”:”Disrupt-2020-Illustration.png?resize=50,50″,”width”:50,”height”:50,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=50&h=50&crop=1″,”guest-author-64″:”file”:”Disrupt-2020-Illustration.png?resize=64,64″,”width”:64,”height”:64,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=64&h=64&crop=1″,”guest-author-96″:”file”:”Disrupt-2020-Illustration.png?resize=96,96″,”width”:96,”height”:96,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=96&h=96&crop=1″,”guest-author-128″:”file”:”Disrupt-2020-Illustration.png?resize=128,128″,”width”:128,”height”:128,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=128&h=128&crop=1″,”concierge-thumb”:”file”:”Disrupt-2020-Illustration.png?resize=50,26″,”width”:50,”height”:26,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png?w=50″,”full”:”file”:”Disrupt-2020-Illustration.png”,”width”:1024,”height”:536,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png”,”image_meta”:”aperture”:”0″,”credit”:””,”camera”:””,”caption”:””,”created_timestamp”:”0″,”copyright”:””,”focal_length”:”0″,”iso”:”0″,”shutter_speed”:”0″,”title”:””,”orientation”:”0″,”keywords”:[],”filesize”:895074,”source_url”:”https://techcrunch.com/wp-content/uploads/2020/07/Disrupt-2020-Illustration.png”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media/2021204″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/attachment”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2021204″],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/70113879″]],”wp:term”:[[“id”:426985170,”link”:”https://techcrunch.com/tc-events/”,”name”:”Events”,”slug”:”tc-events”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/426985170″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=426985170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=426985170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=426985170″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:20429,”link”:”https://techcrunch.com/startups/”,”name”:”Startups”,”slug”:”startups”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/20429″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=20429″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=20429″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=20429″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[“id”:36525172,”link”:”https://techcrunch.com/tag/tc-disrupt/”,”name”:”tc disrupt”,”slug”:”tc-disrupt”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/36525172″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=36525172″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=36525172″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=36525172″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=36525172″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[],[],[“id”:576703170,”link”:”https://techcrunch.com/event-type/disrupt/disrupt-sf-2020/”,”name”:”Disrupt 2020″,”slug”:”disrupt-sf-2020″,”taxonomy”:”tc_event”,”rapidData”:”pt”:””,”pct”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/576703170″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/tc_event”],”up”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/579419″],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tc_event=576703170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_events?tc_event=576703170″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tc_event=576703170″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]]]}}],”ec”:[{“id”:2021196,”date”:”2020-07-24T06:37:42″,”date_gmt”:”2020-07-24T13:37:42″,”guid”:”rendered”:”https://techcrunch.com/?p=2021196″,”modified”:”2020-07-24T06:37:42″,”modified_gmt”:”2020-07-24T13:37:42″,”slug”:”are-insurtech-startups-undervalued”,”status”:”publish”,”type”:”post”,”link”:”https://techcrunch.com/2020/07/24/are-insurtech-startups-undervalued/”,”title”:”rendered”:”Are insurtech startups undervalued?”,”content”:{“rendered”:”

On the heels of Hippo’s funding roundu00a0and our exploration of how the private markets appear to be more conservative than public investors at the moment, we’re asking a new question: are a bunch of insurtech startups undervalued?n

Hippo — an insurtech startup focused on home insurance — put together a $150 million round at a $1.5 billion post-money valuation after growing its gross written premium to $270 million “in the past 12 months.” At that valuation, and at pre-adjustment premium scale, Hippo is super-cheap compared to Lemonade, another venture-backed insurtech startup that just went public.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or receive it for free in your inbox. Sign up for The Exchange newsletter, which drops Saturdays starting July 25.n


n

There’s no need to relitigate Hippo’s valuation and how the private markets have valued the firm. But our work yesterday does give us the chance to do some fun math on other players in the neo-insurance space, namely, Rootu00a0and MetroMile. Using data accrued from financial filings and valuation data from Pitchbook and Crunchbase, we can grok how much the two firms are worth using Hippo’s and Lemonade’s current premium multiples.n

""If you aren’t familiar, the cohort of startups we’re looking at have raised well over $1 billion as a group; VCs really believe in them. How they are priced then, and how they exit, will help determine the results of many a venture fund.n

So, are other players in the startup insurance market cheap at their last private price when compared to Lemonade and Hippo? Did their venture backers overpay? Let’s find out.n

Cheap? Expensive?



Source link

Advertisements

About admin

I'm a 50 year old PLC programmer from Burnley, UK. I severed my time as an electrician in the baking industry and soon got involved with the up and coming technology of PLC's. Initially this was all based in the Uk but as the years went by I have gradually worked my way around the globe. At first it was mainly Mitsubishi with a bit of Modicon thrown in but these days the industry leaders seem to be the Allen Bradley range of PLC and HMI’s.

Check Also

Microsoft confirms compact, $299 Xbox Series S arriving on November 10

tweet, saying that Zhang was describing “fake likes”: “Like any team in the industry or ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisements