"Another Florida City Is Making a Ransomware Payment, Worth Nearly $500,000 This Time"
Lake City suffered a ransomware attack that locked the city's phone and email systems. The city made the decision to give into the demands of the hackers by paying them 42 bitcoins, which is equivalent to $490,421. Many businesses often decide to pay ransomware attackers out of desperation. However, federal authorities advise victims to not succumb to hackers' demands for ransom payments. This article continues to discuss the ransomware attack on Lake City and the decision to pay the ransomware attackers, along with other ransomware attacks that have been experienced by other cities and the increase in such attacks against state and local governments.
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