Industry News: Cyber

Baltimore Officials Say $18M Spent In Ransomware Attack

Written by Cybersecurity | Jun 7, 2019 2:04:11 PM

2019-06-04

Wbal: Nearly all Baltimore City employees should be back online by week's end, city officials say. WBAL-TV 11 reports that at a press conference held Tuesday morning by Mayor Bernard C. "Jack" Young, Financial Director Henry Raymond pegged the cost of the ransomware attack thus far at $18 million. The city has spent $1 million on new computer equipment, using emergency contracts that don't have to go before the Board of Estimates...

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