Home / Crypto Currency / Hackers Breach PGA Servers Ahead of Golf Championship, Demand Bitcoin

Hackers Breach PGA Servers Ahead of Golf Championship, Demand Bitcoin


Advertisement

Unknown hackers have taken aim at the Professional Golfers Association (PGA) of America, demanding bitcoin in order to allow access to crucial files.

According to Golfweek, an attack on the computer servers belonging to the Professional Golfers’ Association of America has resulted in the officials of the sports body being denied access to critical files related to current and future PGA Championships. This includes the PGA Championship currently taking place between at the Bellerive Country Club in Missouri as well as next month’s Ryder Cup which will be held in France.

‘We Have Taken Over’

The employees of the golfing body realized their network had been compromised after receiving a message earlier this week informing them of the intrusion. The message also contained a bitcoin wallet address. Even though the hackers did not specify the ransom amount expected, they made it clear that the decryption software needed to access the files could only be obtained from them.

“We exclusively have decryption software for your situation. No decryption software is available in the public,” the hackers stated.

The compromised files were mostly creative materials for use in digital and print communications. Some of the files also included logos for future PGA Championships that had been in development for over 12 months. Sources, however, indicated that the PGA of America has no intentions of paying the bitcoin ransom, according to Golfweek.

Helpless

If PGA of America sticks to its guns, this would be in contrast to other high-profile victims of ransomware who have had to meet the extortionist demands. As CCN recently reported, research conducted by Sophos, a cybersecurity firm based in the United Kingdom, indicates that the ransomware known as SamSam has generated bitcoin worth more than US$6 million for its creator since it was released almost three years ago.

One of the high-profile ransomware victims who had to acquiesce to the demands of extortionists was the South Korean web hosting firm, Nayana. In June last year it was reported that the tech firm paid bitcoin worth more than US$1 million after 153 of its servers were infected with the Erebus ransomware negatively affecting its operations. At the time security researchers from Trend Micro blamed Nayana for using outdated PHP, Apache and Linux software.

And in a kidnapping rather than ransomware case, bitcoin worth approximately US$1 million was paid late last year to secure the release of Pavel Lerner, an analyst and blockchain expert at Ukrainian cryptocurrency exchange EXMO Finance, from his captors in another high-profile bitcoin ransom incidence.

Featured image from Shutterstock.

Follow us on Telegram or subscribe to our newsletter here.
Join CCN's crypto community for $9.99 per month, click here.
Want exclusive analysis and crypto insights from Hacked.com? Click here.
Open Positions at CCN: Full Time and Part Time Journalists Wanted.
Advertisement
Read more

Check Also

French Financial Watchdog Blacklists More Cryptocurrency Websites

The French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out unauthorized crypto firms. As news of riots in France batter the world news, the AMF is also using strong-arm tactics to keep then nation’s crypto sector honest and in-check with their latest move. The post French Financial Watchdog Blacklists More Cryptocurrency Websites appeared first on CCN

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.