Maastricht University had its system infected with malware after an employee fell for a phishing attack.
The hackers, later identified as TA505, a Russian criminal gang, demanded a ransom of 30 bitcoins, which was worth $220,000 at the time.
The university decided to pay the Bitcoin ransom as the alternative was to rebuild the school’s entire IT network from the ground up.
Source: https://www.databreaches.net/bitcoin-ransom-of-220k-paid-by-maastricht-university/
TPRM report: https://scoringcyber.rankiteo.com/company/maastricht-university
"id": "maa21375123",
"linkid": "maastricht-university",
"type": "Ransomware",
"date": "02/2020",
"severity": "85",
"impact": "3",
"explanation": "Attack with significant impact with internal employee data leaks"
{'affected_entities': [{'industry': 'Education',
'location': 'Maastricht, Netherlands',
'name': 'Maastricht University',
'type': 'Educational Institution'}],
'attack_vector': 'Phishing',
'description': 'Maastricht University had its system infected with malware '
'after an employee fell for a phishing attack. The hackers, '
'later identified as TA505, a Russian criminal gang, demanded '
'a ransom of 30 bitcoins, which was worth $220,000 at the '
'time. The university decided to pay the Bitcoin ransom as the '
'alternative was to rebuild the school’s entire IT network '
'from the ground up.',
'impact': {'financial_loss': '$220,000'},
'initial_access_broker': {'entry_point': 'Phishing'},
'motivation': 'Financial Gain',
'ransomware': {'ransom_demanded': '30 bitcoins ($220,000)',
'ransom_paid': 'Yes'},
'threat_actor': 'TA505',
'title': 'Maastricht University Ransomware Attack',
'type': 'Ransomware'}