Cyber security news for all

More

    The City of Florence, Alabama, will pay the sum of $300,000 in ransom to attackers

    Florence City in Alabama will pay a $300,000 ransom worth of Bitcoins after ransomware infection its computer system.

    Florence City of Alabama has succumbed to the will of cyber attackers as they have unanimously agreed to pay the ransom asked by the threat actors. The ransomware deployed in their IT infrastructure was the DoppelPaymer ransomware.

    Despite believing that the attackers stole no information; the City has agreed to go ahead with payments to avoid the leak of data online.

    The character of DoppelPaymer encouraged the decision of the city; as the hackers are known to keep their word and not leak victim’s stolen data after payment.

    The Mayor of Florence City, Alabama, said; “it appears they may have been in our system since early May — over a month going through our system. We have 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 our critical information, frankly don’t think they do but we don’t know.”

    The initial discovery of vulnerability was in May when KrebsOnSecurity brought the findings city officials’ notice. Less than one month later, the ransomware deployment was complete. However, the attackers started seeking the sum of $300,000 in bitcoin as ransom.

    A post released by KrebsOnSecurity read, “on May 26, acting on a tip from Milwaukee, Wisc.-based cybersecurity firm Hold Security; KrebsOnSecurity contacted the office of Florence’s mayor to alert them that a ransomware gang had commandeered a Windows 10 system in their IT environment. Comparing the information shared by Hold Security dark web specialist, Yuliana Bellini; with the employee directory on the Florence website indicated the username for the computer that attackers had used to gain a foothold in the network on May 6 belonged to the city’s manager of information systems.”

     

     

     

    Recent Articles

    Manchester United have been blackmailed by cyber attackers

    The Premier League club Manchester United fell victim to a cyber attack according to the Daily Mail. The cyber criminals are apparently demanding ransom in...

    TikTok has fixed a serious security gap issue

    TikTok accounts paid a researcher a reward of 4000 dollars after he reported two vulnerabilities as part of a disclosure. A combination of both...

    Passwords should be changed for Fortinet VPNs

    Administrators should change the access for Fortinet VPNs in use. Log-in information for almost 50,000 VPN networks has appeared in various cyber blogs. A security...

    Twitter confirmed to bring back account verification

    Twitter is bringing back verifications for the account verification in the beginning of 2021. Certain users will then be given a control mark again,...

    350,000 Spotify users were hacked

    At the beginning of July this year, security researchers discovered an unsecured database that contained access and other information from 350,000 Spotify users. Spotify...

    Related Stories

    Leave A Reply

    Please enter your comment!
    Please enter your name here

    Stay on op - Ge the daily news in your inbox