The multinational tech Garmin received $ 10 million in Bitcoin ransom.

On July 27, the Cointelegraph reported that multinational tech company Garmin failed due to poor performance after Russian cybercriminal Evil Corp launched a crackdown on ransomware. Garmin was given a ransom of $10 million to be paid in cryptocurrency. According to a report by Bleeping Computer, an anonymous Garmin employee has confirmed that WastedLocker ransomware has compromised customer support services, navigation solutions, and more for US-based companies.