$300,000 Ransomware paid by city of Florence after attack

The city of Florence will have to pay $300,000 ransomware in bitcoin in response to the computer system being hit with a cyber attack.

The tremendous increase in the number of cyber-attacks compared with the same period last year. This year the average ransom payment has nearly doubled over the years. Even with the countries which have the most advanced security technologies are also being attacked.

The several Florence officials may have been alerted that their information technology systems were hacked by the hackers who specialize in deploying ransomware.

The mayor mentioned that hackers may have access to the city’s computer systems for more than a month.

The Florence City Council voted unanimously at an emergency meeting that pays the ransom from the city insurance fund in order to preserve the information of city workers and customers.

On May 26, acting on a tip from Milwaukee which held the security KrebsOnSecurity contacted the office of Florence’s mayor to alert them that the Windows 10 system in their IT environment had been commandeered by a ransomware gang.

As Mayor Holt said “ We are having to approach it from the standpoint that we’re going to have to assume -we know they have some of our information, we don’t know that they have critical information frankly don’t think they do but we don’t know”

After that mayor, Holt has confirmed that the city is being deceived by the ransomware gang called DoppelPaymer.

Doopelpaymer has a reputation for never releasing any information once the ransom is paid.

The city will seek proof that the hacker deleted the stolen information.

“Ransom has been a big problem for some time but that was a worrying chapter for me as the Decatur information technology Director Brad Philips said”.

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