by Amber Baxter July 19, 2020
Telecommunications, Argentina’s largest telecommunications company was the victim of a ransomware attack as reported by several users on Twitter. Hackers are demanding $ 7.5 million in Monero (XMR), an amount that would increase to 15 million if the company doesn’t pay in less than 48 hours.
https://www.europeworldnews.com/argentinas-telecommunications-hacked-and-called-for-rescue-in-monero
It's interesting that the hackers are now demanding Monero, instead of the usual BTC which is the mode of ransom for many such attacks. Its for $7.5 million, and that is huge amount, I don't know if the company are willing to comply though, so let's see how things will turn out.
Believe me, in one way or the other, US and many developed countries will find it difficult to recognize crypto as friendly investments. The privacy afforded by Monero has done more harm than good especially in dark web.