Puerto Rico commits $7.6M to boost cybersecurity

Puerto Rico commits $7.6M to boost cybersecurity efforts after string of embarrassing attacks. Government-sponsored Industrial Development Company transferred $2.6 million earmarked for pension payments into a foreign bank account after receiving a phishing email. Puerto Rican firefighting department in October 2020 acknowledged a ransomware attack demanding $600,000. Earlier this year, the Puerto Rican Senate suspended proceedings one day in January after the legislative branch underwent an attack that disabled its network access. Puerto Rico effectively entered bankruptcy in 2017 – a state it exited only months ago.

Source: https://www.bankinfosecurity.eu/puerto-rico-commits-76m-to-boost-cybersecurity-a-19550

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