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Baltimore won't pay hackers' ransom, sets aside $10M in emergency funding to recover from cyberattac
Source: USA Today
Baltimore won't pay hackers' ransom, sets aside $10M in emergency funding to recover from cyberattack
Kristin Lam, USA TODAY Published 8:03 p.m. ET June 27, 2019 | Updated 8:40 p.m. ET June 27, 2019
While two Florida cities have now paid a ransom to regain control of their hacked computer systems, the city of Baltimore is taking a different approach.
Baltimore officials this week approved $10 million of emergency funding to recover from a similar attack after refusing to pay an $80,000 ransom at the advice of law enforcement authorities.
Cyberattacks immobilized some of the city's systems almost two months ago, WBAL reported, but services such as water billing are still offline. The total cost of responding to the hack may hit $18 million, the city's budget office estimated.
Officials in Lake City, Florida, meanwhile, decided to pay hackers a ransom of 42 bitcoins, or roughly $426,000.
-snip-
Kristin Lam, USA TODAY Published 8:03 p.m. ET June 27, 2019 | Updated 8:40 p.m. ET June 27, 2019
While two Florida cities have now paid a ransom to regain control of their hacked computer systems, the city of Baltimore is taking a different approach.
Baltimore officials this week approved $10 million of emergency funding to recover from a similar attack after refusing to pay an $80,000 ransom at the advice of law enforcement authorities.
Cyberattacks immobilized some of the city's systems almost two months ago, WBAL reported, but services such as water billing are still offline. The total cost of responding to the hack may hit $18 million, the city's budget office estimated.
Officials in Lake City, Florida, meanwhile, decided to pay hackers a ransom of 42 bitcoins, or roughly $426,000.
-snip-
Read more: https://www.usatoday.com/story/news/nation/2019/06/27/baltimore-cyberattack-relief-funding-florida-cities-pay/1590093001/
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Three days ago, the 42 bitcoin ransom Lake City paid was worth $500k; two days ago $460k; yesterday $426k.
