Blog | G5 Cyber Security

Florida City Paying $600,000 to End Ransomware Attack

Riviera Beach, Florida, has agreed to pay hackers $600,000 to end a ransomware attack that crippled the city’s IT infrastructure for nearly a month. The city is one of several governmental units hit by ransomware attacks during the last several months. Baltimore is still recovering from a May 7 attack that has cost $18 million for recovery so far. The FBI generally advises organizations that are victims of ransomware to avoid paying ransoms because it may encourage other attacks and sometimes attackers dont come through on their promise to provide a decryption key.”]

Source: https://www.cuinfosecurity.com/florida-city-paying-600000-to-end-ransomware-attack-a-12673

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