Puerto Rico commits $7.6M to improve its cybersecurity after string of embarrassing attacks. Puerto Rico’s 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. Meanwhile, the Puerto Rican Senate suspended proceedings one day in January after an attack that disabled its network access. The island commonwealth of 3.2 million residents effectively entered bankruptcy in 2017.”]
Source: https://www.databreachtoday.com/puerto-rico-commits-76m-to-boost-cybersecurity-a-19550