Garmin, an American Multinational Technology company specializing in GPS is said to be reigning under a ransomware cyber attack and so the website Garmin.com and the fitness tracking app of the same company dubbed Garmin Connect are unable for access to users since11:33 PM of July 22nd,2020.
All phone systems and email services related to the company have been disrupted due to the file encrypting malware attack and users of Garmin Japan and Garmin India speculate that the recovery might only be possible early next week.
Highly placed sources say that those spreading WastedLocker Ransomware related to Russian Firm Evil Corp could have disrupted the systems of Garmin LTD.
Note 1- WastedLocker is a highly customizable file encrypting malware that acts according to the victim’s defense-line. And those developing it from Evil Corp usually demand a ransom, often ranging in between $500,000 to $10 million- all in cryptocurrency like Bitcoins and Monero.
Note 2- Garmin offers Global Positioning System technology to companies offering products such as Maps, wearable devices, smart phone manufacturing firms, automotive units, vehicles serving in marine and aviation industry and sports activity related products.
Note 3- A Ransomware is a kind of malware that encrypts files on a database until a ransom is paid. Nowadays, as the technology has developed, cyber criminals spreading ransomware are seen first stealing a portion of data from the storage server and then encrypting it. This is to ensure that they get paid either by the victim or an interested prospect available on the dark web.