Ukraine Roots Out Ring Behind Hacks
On U.S. Universities, South Korean Firms
June 16, 2021
Police in Ukraine said on June 16 that they exposed a ring of
hackers who targeted some of the most prestigious U.S.
universities as well as commercial companies in South Korea.
said raids on the suspects' homes had found some 5 million
hryvnyas (around $185,000) in cash.
But they didn't say whether any suspects were detained.
The group's attacks caused at least $500 million in damage,
Ukrainian authorities said.
The hacks included the use of an encryption virus that blocked
internal servers and network computers at four South Korean
firms in 2019, at least some of which paid a ransom.
The group also targeted financial and personal records at
Stanford University Medical School and the University of
California, among others.
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