Ransomware attack on Garmin teaches new lessons
Garmin, the GPS technology and wearable device manufacturer, has reportedly been hit by WastedLocker ransomware in a cyberattack that is demanding $10 million to release its data. WastedLocker, thought to be tied to the Russian cybercriminal group, Evil Corp, was identified by Malwarebytes in May of this year. As of now, Garmin is the only known victim, however, Evil Corp has a history of attacking financial institutions around the world. In this cyberattack, the event has affected consumers who use Garmin GPS technology, such as Maritime, wearable GPS, Garmin Connect app, and Aviation who use the database services. Also, all of Garmin's call centers are shutdown. As a result of this cyberattack, Garmin is reported to have shut down its website, its apps, some of its production lines, and databases including work from home (WFH) employees' computers connected through a VPN in an attempt to stop any further spread of…