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Los Angeles College Pays Hackers $28,000 Ransom To Get Its Files Back

Los Angeles College Pays Hackers $28,000 Ransom To Get Its Files Back

Jan 10, 2017
Ransomware has turned on to a noxious game of Hackers to get paid effortlessly. Once again the heat was felt by the Los Angeles Valley College (LAVC) when hackers managed to infect its computer network with ransomware and demanded US$28,000 payment in Bitcoins to get back online. The cyber-attack occurred over winter break and caused widespread disruption to online, financial aid, email and voicemail systems, including locking out 1,800 students and staffs from their computers. As the situation was gone out of its hand, the Los Angeles Community College District (LACCD) agreed to pay the ransom demand of $28,000 in Bitcoin to criminals to resume their operations after gaining the decryption keys, the school newspaper, The Valley Star, reports . The cyber criminals gave the college a week to pay the ransom and threatened to delete all the data if they were not paid. Also Read: RansomFree Tool Detects Never-Seen-Before Ransomware Before It Encrypts Your Data Just like mos
This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles

This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles

Jan 05, 2017
Ransomware has been around for a few years, but in last two years, it has become one of the fastest growing threats to businesses and users across the world, so will be in 2017. Ransomware is a piece of malware that encrypts files on your computer with strong encryption algorithms and then demands a ransom money in Bitcoin to decrypt the data so you can regain access to your encrypted files. We have seen some nastier ransomware infections over the past couple of years. The most interesting one was Popcorn Time that decrypts victims files for free if they pass the infection on to other people. Now, a new strain of ransomware takes the infection to a whole new level of craziness. Dubbed Koolova , the ransomware will restore your encrypted files for free, just like Popcorn Time. The only difference between both the infections is that you don't have to infect others to get free decryption key. Instead, all you have to do is educate yourself about ransomware by reading two
Code Keepers: Mastering Non-Human Identity Management

Code Keepers: Mastering Non-Human Identity Management

Apr 12, 2024DevSecOps / Identity Management
Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or
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