Garmin Reportedly Paid Multi-Million Dollar Ransom to Decrypt Files

Smartwatch maker Garmin paid a multi-million dollar ransom to criminals who encrypted its computer files through a ransomware negotiation business called Arete IR, sources have told Sky News. Security sources believe this virus has been developed by individuals linked to Evil Corp, a cyber crime group based in Russia that was sanctioned by the U.S. Treasury last December.

The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.