Cybersecurity
Ransomware Attackers Get Short Shrift From Zambian Central Bank
- Bank of Zambia refused to pay ransom to cyberattack group Hive
- Hive attacks have become prolific since being detected in June
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Zambia’s central bank said it refused to pay ransom to a group known as Hive that was behind a cybersecurity breach that caused minimal damage to its systems.
“All of our core systems are still up and running,” Greg Nsofu, information and communications technology director at the Bank of Zambia, told reporters in Lusaka, the capital. “Not much sensitive data has actually been shipped out.”