Los Angeles College Pays $28,000 to the Hackers as Ransom
A report published in a Los Angeles Valley College school newspaper, explains that a college whose whole system was hacked by the group of hackers paid $28,000 ransom to the hackers in order to get their system back.
The report says that the cyber attack happened on the January 3rd of this year, which locked students, faculty, and staffs from using their own accounts. The hackers then threatened that “either the school pay what they’re demanding or they would delete the ever single data”.
School at first thought to get an expert and solve this issue, but analyzing the cost, they came to know that ‘paying the ransom’ was cheapest and easiest way to get rid of this issue.
However, for paying $28,000 the hackers gave a week time.
The school officials paid to the hackers in bitcoins on the third day of hacking.
A cyber security expert, Philip Lieberman, said: “if we look practically, the school didn’t have many options”.
He added, “incidents like this, are quite common and most of the time we fail to do anything because these hackers operate from those countries the U.S. doesn’t do business with”.
“And the ironic fact is, our security experts know who is behind such activities but still we can’t do anything, until our country and their country come to an agreement on stopping it”, he added.
Adding more he said, “if our country and their country come to an agreement, tracing these hackers would become ‘very easy'”.
The police department of cyber crimes has meanwhile launched an investigation.