Riviera City In Florida To Pay Hackers 65 Bitcoin

A lucky season for some set of hackers, as Riviera city in Florida has decided to pay-out nearly $600,000 worth of bitcoin to them, to restore its computer networks.

In May, the hackers it is understood, jeopardized the city’s computer networks, which were damaged by an email virus.

The 35,000-person city north of West Palm Beach, has therefore agreed to release funds to this effect. A decision which was taken during city council meeting held on Monday.

This is the latest form of extortion by hackers who target cities, who typically rely on out-dated technology.

“The complexity and severity of these ransomware attacks just continues to increase,” Jason Rebholz, a principal for Moxfive, told The New York Times.

Adding that, hackers are increasingly targeting cities.

“The sophistication of these threat actors is increasing faster than many organizations and cities are able to keep pace with,” he noted.

In another report by CBS News, cities such as, Atlanta, Newark, and Sarasota have recently been hit by such schemes and it is expected to continue.

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