Bitcoin Ransom $600k

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  • HairyChick
    Slowly dying
    • Sep 2012
    • 3091

    #1

    Bitcoin Ransom $600k

    I read this last night on another news site.

    Florida city gives in to $600,000 bitcoin ransomware demand
    But there's no guarantee hackers will actually restore Riviera Beach's systems

    Riviera Beach, a city in Florida, is set to pay hackers $600,000 in bitcoin with the hope of having its systems restored. Hackers took over the systems several weeks ago, when a police department employee opened a malicious email that allowed them to inject the city's network with malware. Now the council has voted to pay the ransom in the hopes of getting Riviera Beach's encrypted records back -- even though there's no actual guarantee the hackers will restore them.

    Aside from locking down the files, the attack took down the city email network, forced Riviera Beach to pay employees and contractors by check instead of direct deposit and made it so 911 dispatchers couldn't enter calls into their systems. The city says there was no delay in response time despite the technological barrier.

    Security consultants urged the city to pay up, according to the Associated Press, despite the risk the hackers won't restore the systems and files. The city's insurance provider will cover the payment. Riviera Beach also voted earlier this month to spend $941,000 to replace its computers and other hardware after the hackers took over on May 29th.

    While Riviera Beach isn't the only entity to have met hackers' ransom demands (plenty of other municipalities, businesses and people have done so), others have refused to pay up. Notably, Baltimore decided not to fork over $76,000 in bitcoin when hackers hampered city systems last month. That's despite the attack ultimately costing the city north of $18 million.
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  • CjTheFish
    Confirmed User
    • Dec 2015
    • 640

    #2
    Never give in to blackmail. smh.
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    • SuperStroker
      Registered User
      • Jun 2019
      • 46

      #3
      No matter how much money you spend on security, all it takes is that one dopey employee/intern to trip on malware and fuck your entire network over. In the case of small municipalities like this one, in almost all instances if paying up is really the only pragmatic option because decrypting is unlikely and replacement costs are usually going to be higher. The best defense for this is routine off-network backups.
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      • HairyChick
        Slowly dying
        • Sep 2012
        • 3091

        #4
        Another office refused to pay and are still offline.

        They need to get on the dark web and find a hacker. Pay ten grand and call it a security investment.
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        Anti-Semites have Small Penis Syndrome. The only known treatment is electroshock therapy combined with cerebellum removal. Fortunately, it’s a tiny procedure.
        *****************************************

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        • freecartoonporn
          Confirmed User
          • Jan 2012
          • 7683

          #5
          they need to use linux.
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          • jscott
            jscizzle
            • Feb 2001
            • 25415

            #6
            I heard they hadn't updated their system in years. Lazy or incompetent, dunno. Nobody deserves hostage or ransom, but from what I understand they could have prevented this from happening.
            If you think tough men are dangerous, wait until you see what weak men are capable of.
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