Payment system news

University of Utah paid hackers $ 457 thousand in cryptocurrency

The College of Social and Behavioral Sciences of the University of Utah was forced to pay 457 thousand dollars in digital assets to the hackers. This was reported by the specialists of the educational institution on their official Internet portal.

So, on July 19, the college’s servers were attacked using ransomware, as a result of which the systems were paralyzed. It is worth noting that the management of the educational institution quickly reacted to the situation by shutting down the servers after the vulnerability was discovered, but the attackers managed to gain access to about 0.02% of the data on employees and students. The ransomware was transferred to a trumpet ransom in cryptocurrency, the main part of which was the funds of the insurance certificate.

“We have invested heavily in solutions to monitor and protect the university community from attacks, including ransomware threats,” the college’s official website notes, and it is indicated that specialists are currently monitoring the network and infrastructure around the clock to assess the emergence of any vulnerabilities and making decisions on their immediate elimination.

Рустам Алиев

Recent Posts

Half A Billion SHIB Sent To Dead Wallets in August by Robinhood and Coinbase — Can It Boost SHIB Price?

Shiba Inu (SHIB) saw more than half a billion tokens permanently removed from circulation in…

3 days ago

CoinRabbit Named ‘Best Crypto Lending Platform 2026’ by International Business Magazine

CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine — recognition…

4 days ago

Bitcoin In Six Figures Is Closer Than You Think—Expert Shares Ultra-Bullish Insight

Notable cryptocurrency proponents and market investors have outlined bullish possibilities for the apex cryptocurrency, Bitcoin,…

4 days ago

Analyst Explains the Real Reason BTC Is Stuck at $77,000 and Predicts a Rebound to $100k by October

Bitcoin is witnessing a fresh market cooldown, raising concerns about a possible upcoming fall. The…

7 days ago

CNBC’s Ran Neuner Declares Solana and Ethereum as the Winners of the “Layer 1 War” — Details

CNBC Crypto trader and market personality Ran Neuner has declared the Layer 1 war over…

7 days ago

MemeBitcoin Raises $8M Strategic Round to Scale Its Public Race Toward Satoshi’s Wallet

September 1, 2026 — MemeBitcoin (MBTC), the Bitcoin-native project that turns the race to reach…

7 days ago