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Sep 6, 2019

$5.3M Ransomware Demand: Massachusetts City Says No Thanks

Posted by in category: cybercrime/malcode

After being hit by a ransomware attack, Massachusetts city New Bedford faced a payout demand of more than $5 million – one of the largest known ransoms ever.

After a ransomware attack slapped a hefty payout demand of $5.3 million on New Bedford, Mass., the city announced that it is instead opting to pick up the pieces and restore what it can from backups itself.

If the city had opted to pay, the payout would have been the largest known ransom payout for an attack yet.

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