$1.1 million in two weeks - Florida cities pay out big to ransomware gangs
Cybercriminals have learnt something very valuable in the last couple of weeks: in order to regain access to their data, cities in Florida are prepared to pay out huge Bitcoin ransoms to hackers. Less than a week after the city of Riviera Beach, 80 miles from Miami, unanimously voted to pay US $600,000 worth of Bitcoins to an extortionist who had locked their IT systems with ransomware, a second city has come to the same decision.