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Canadian insurance company lost nearly US$1M in ransomware attack

Canadian insurance company lost nearly US$1M in ransomware attack

TORONTO — Computers at a Canadian insurance company were disabled for more than one week due to a ransomware attack that resulted in a payout of nearly US$1 million. The attack happened last October, but is only coming to light now as efforts to reclaim the ransom make their way through the British court system.








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