Garmin Reportedly Paid Millions To Obtain Decryption Key, Resolve Recent Ransomware Attack

Garmin has reportedly paid a ransom to receive a decryption key to recover its files, after they were hit by the WastedLocker Ransomware last month. Digital Trends reports: [BleepingComputer] found that the attackers used the WastedLocker Ransomware and reported that they demanded $10 million as a ransom. Now, it also uncovered that Garmin is using a decryption key to regain access to its files, suggesting that the company may have paid that ransom demand or some other amount. The WastedLocker software uses encryption which has no known weaknesses, so the assumption is that to break it, the company must have paid the attackers for the decryption key. […] The company reassured customers that no customer data was stolen, and that no payment information from the Garmin Pay payment system was accessed or stolen either. On Twitter, the company announced last week, “We are happy to report that many of the systems and services affected by the recent outage, including Garmin Connect, are returning to operation. Some features still have temporary limitations while all of the data is being processed.”