Tuesday 23 February 2016

LA Hospital Hit By Ransomware Pays Hackers $17,000: Is It The Right Choice?

After its computer system got taken over by hackers, the Hollywood Presbyterian Medical Center in Los Angeles has decided to pay a ransom of $17,000 in order to regain access.

The hospital was hit by ransomware — malicious software that locks computer systems until a ransom is paid to unlock it.

Media reports says the hackers were demanding the hospital to pay them 9,000 Bitcoins or about $3.4 million, but CEO and President Allen Stefanek confirmed [pdf] these were false. In the end, the hospital shelled out $17,000, which is equivalent to 40 Bitcoins.

Payment using Bitcoins require a particular level of anonymity, and they’re described as an “anonymous” form of currency. For the full article click here 



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