Ransomware attack disrupts U.S. TV station operator Sinclair

U.S. TV station operator Sinclair Broadcast Group said it found some of its servers and workstations had been encrypted with ransomware, disrupting office networks.
Internet user on laptopSinclair said it was investigating what information the ransomware affected and had notified law enforcement and other governmental agencies.

Ransom software works by encrypting victims’ data and can include locking down a company’s network or stealing data. Typically hackers will offer the victim a key in return for cryptocurrency payments that can run into hundreds of thousands or even millions of dollars.

Sinclair, the second-largest U.S. TV station operator, said the ransomware attack may disrupt advertisements by its local broadcast stations and that the company cannot currently determine whether it will have a material impact on its business or financial results.