Ransomware Attack on Argentinian Telecom Giant
Return To ArticlePrivacy-focused cryptocurrency Monero (XMR) is at the center of an alleged ransomware attack on Telecom S.A., Argentina’s largest telecommunications company.
Hackers are reportedly demanding that the company send the equivalent of roughly $7.5 million in XMR, though Telecom SA had not spoken publicly about the attack at press time. Finance Magnates has reached out to employees of Telecom SA via LinkedIn for comment, and will update this story if commentary is received.