Tech content trusted by users in North America and around the world
7,346 Reviews & Articles | 53,774 News Posts

Nokia paid millions in ransom to criminals preparing to release code

Nokia paid a ransom after criminals blackmailed the company, saying they would release Symbian OS source code if they weren't given the money
By: Michael Hatamoto | Hacking & Security News | Posted: Jun 18, 2014 7:34 am

Major phone manufacturer Nokia suffered a data breach more than six years ago that led cybercriminals to demand a ransom of a few million dollars. Alarmingly, the criminals stumbled across the mobile Symbian operating system's encryption key, and threatened to make the source code public. Nokia quickly paid the ransom.

 

nokia_paid_millions_in_ransom_to_criminals_preparing_to_release_code_01

 

Coordinating with the Finnish police, Nokia officials made the drop in central Finland, but authorities lost track of the criminals. It's a felony blackmail case that is years old, but police haven't said if they have new leads in the investigation.

 

Following a drop in Symbian dominance, Nokia later switched to Microsoft Windows Phone OS - and the U.S. based company purchased the Finnish handset manufacturer in early 2014 for $7.6 billion.

NEWS SOURCES:Gadgets.ndtv.com, 1.bp.blogspot.com

Related Tags

Got an opinion on this news? Post a comment below!
loading