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This Week's Poll



6-27-19

Lake City pays ransom for cyber attack

Staff Reports

Ransomware attacks are a growing threat that have spread to cities in the United States and have now hit home in North Florida.


Lake City was hit around June 10 with a malware attack called “Tipple Threat,” according to news sources, that crippled the cities computers. A few days later they received a ransomware demand of 42 bitcoins. The price for the untraceable electronic currency fluctuates but is likely the city paid around $460K to $490K for the decryption key.


The City held a special meeting Monday and decided to pay the ransom as they were advised it was cheaper to pay the attackers than to try and restore the data on there own.


The city will only wind up paying a $10K deductible as their insurance, the Florida League of Cities, will reimburse them for the remainder of the ransom.