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Cyber Security

Second Florida City Pays Hackers $500k Post-Ransomware Attack

Lake City, Florida, has been hit by a ransomware attack that locked down its email systems and servers. It is the second Florida city this month to pay hackers their demanded ransom. The city is reportedly working to recover the data after receiving a decryption key as of Thursday. Experts warn that the cities paying the ransom could only show hackers that the attacks are profitable, incentivizing them to launch even more attacks against municipalities. Ransomware attacks on state and local governments are on the rise, experts say.

Source: https://threatpost.com/second-florida-city-pays-hackers-500k-post-ransomware-attack/146018/

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