Second Florida city pays ransom to hackers

6/28/19

Ransomware

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A second small city in Florida has agreed to pay hundreds of thousands of dollars in ransom to cybercriminals who disabled its computer system.

Days after ransomware crippled the city of about 12,000 residents, officials of Lake City agreed this week to meet the hackers’ ransom demand: 42 Bitcoin or about $460,000.

Last week, River Bench, in Palm Beach County, paid $600,000 in Bitcoin to retrieve its data. In both cases, most of the money will be paid by insurance companies.

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