City Of Johannesburg Threatened With Ransomware Data Release

By Tom Jowitt for Silicon UK
Monday, October 28, 2019

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Another expert agreed with this assessment.

“Cities and municipalities are a low-hanging fruit for cybercriminals,” said Ilia Kolochenko, founder and CEO of web security company ImmuniWeb. “These victims usually lack the budget and skills to implement a requisite level of protection and continuous security monitoring. Worse, they have critical and/or sensitive IT systems that generate incalculable losses if unavailable.”

“Payments in bitcoins largely exacerbate the situation by making attacks virtually untraceable and non-investigable,” said Kolochenko. “We should expect further growth of ransomware attacks deliberately targeting susceptible cities unless the government urgently subsidies cybersecurity and data protection for its entities.” Read Full Article