Payouts from insurance policies may fuel ransomware attacks

Payouts from insurance policies may fuel ransomware attacks

5 years ago
Anonymous $RAvQk0gPh1

https://apnews.com/234360e2e36b424b8849e51e57fe53c5

CHICAGO (AP) — The call came on a Saturday in July delivering grim news: Many of the computer systems serving the government of LaPorte County, Indiana, had been taken hostage with ransomware. The hackers demanded $250,000.

No way, thought County Commission President Vidya Kora. But less than a week later, officials in the county southeast of Chicago agreed to pay a $132,000 ransom, partially covered by $100,000 from their insurance provider.

Payouts from insurance policies may fuel ransomware attacks

Sep 20, 2019, 4:30pm UTC
https://apnews.com/234360e2e36b424b8849e51e57fe53c5 > CHICAGO (AP) — The call came on a Saturday in July delivering grim news: Many of the computer systems serving the government of LaPorte County, Indiana, had been taken hostage with ransomware. The hackers demanded $250,000. > No way, thought County Commission President Vidya Kora. But less than a week later, officials in the county southeast of Chicago agreed to pay a $132,000 ransom, partially covered by $100,000 from their insurance provider.