An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack.
According to a source quoted by Calcalist on June 14, Sapiens International (NASDAQ:SPNS) Corp. N.V. — a Nasdaq and Tel Aviv-listed software company — didn’t report the decision to the securities’ regulators of either the U.S. or Israel.