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Cyber Security

$5.3M Ransomware Demand: Massachusetts City Says No Thanks

Massachusetts city New Bedford faced a payout demand of more than $5 million after being hit by a ransomware attack. Attackers demanded a Bitcoin payment of $5.3 million, far surpassing one of the largest known ransoms to previously be demanded. Only about 4 percent (158 computers) of the city s computers were affected by the attack, officials said. The city is instead opting to pick up the pieces and restore what it can from backups itself. New Bedford is a city outside of Boston with a population of about 95,072 (making it the sixth-largest in Massachusetts)

Source: https://threatpost.com/ransomware-demand-massachusetts-city-no-thanks/148034/

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