Dutch university recovers US$550,000 (RM2.43mil) in ransom from 2019 hack

Despite the jump in value, the recovered sum does not exceed the costs incurred by the university, a spokesperson told Bloomberg. — Photo by Michael Förtsch on Unsplash

A Dutch university has managed to successfully recover a ransom paid to hackers in 2019 and plans to use recouped funds to help students in need.

The ransomware attack at the University of Maastricht occurred on Dec 23, 2019, and it prevented students and staff from gaining access to email, research and data platforms.