Florida City Pays Almost $600,000 Ransom to Secure Records

Florida City Pays Almost $600,000 Ransom to Secure Records

After three weeks of city data being encrypted in Riviera Beach, Florida, city officials have unanimously voted to pay the hefty ransom to regain access.

A Florida city council voted to pay hackers almost $600,000 worth of Bitcoin to hackers who took its computer systems offline a few weeks ago. The attack was affecting the city’s online services, including email and 911 dispatches. In addition, the hackers encrypted the Palm Beach suburb’s records.

The city has been working with outside security consultants since the hack, and they suggested that Riviera Beach pay the ransom in order to acquire the records. The Palm Beach Post reported that investigators believe the attack began when someone in the police department clicked and email link on May 29 that allowed the hackers to upload malware. The FBI, Secret Service and Department of Homeland Security are investigating the attack. Officials have stated they cannot confirm that paying the ransom will make the hackers release the records.

Mimecast recently reported in "The State of Email Security" that in the last 12 months, 42 percent of organizations in the public sector say ransomware has impacted their business operations. In addition, more than half of organizations in the public sector have experienced an increase in phishing attacks with malicious links or attachments in the past year.

Hackers are realizing that holding data is an effective way to extract money from public and private entities, according to The New York Times.

Usman Rahim, a digital security and operations manager at The Media Trust, said that all businesses need to back up their data and train their employees on how to avoid cyber attacks, as these attacks are becoming more prominent. 

"Bad actors are rational," Rahim said. "They will invest time and effort into attacks that work. Attacking organizations gives them more bang for their buck than attacking consumers. Such attacks are even more lucrative entities that process a lot of information from citizens and businesses."

A similar ransomware attack hit Baltimore on May 7 and is causing problems with city computers as well as residents’ sewer charges and property tax bills.

About the Author

Kaitlyn DeHaven is the Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West

Featured Cybersecurity

Webinars

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure. 3

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3