The University of California, San Francisco, recently admitted that it was forced to pay a ransom of $1.14 million to the operator behind the ransom software netwalker. The BBC reported on both sidesBehind the scenes negotiations in the dark netSix hours later, UCSF asked for more time to remove relevant information from the website. UCSF has billions of dollars in annual revenue, and hackers ask for 3 million dollars in ransom;
A representative of the UCSF, who may be an outside negotiator, said the outbreak had dealt a devastating blow to the University's finances and demanded that the ransom be reduced to $780000;
A day after the round-trip negotiations, representatives of the UCSF said the university had only $1.02 million in cash, but blackmailers refused to reduce the ransom to less than 1.5 million;
UCSF finally offered $1140895, which was accepted by blackmailers. Then 116.4 bitcoin was transferred to netwalker's wallet address, and the decryption key was sent to UCSF.
The UCSF is currently assisting the FBI in its investigation and restoring all affected systems.