Wednesday, January 11, 2017

"Los Angeles Valley College pays $28,000 in bitcoin ransom to hackers"

The malicious cyberattack was detected at Los Angeles Valley College on Dec. 30 after a virus locked the campus’ computer network as well as its email and voicemail systems, Chancellor Francisco C. Rodriguez said in a statement.

After consulting with the college’s information technology staff, cybersecurity experts and law enforcement, the district paid the ransom on Jan. 4, a day after classes started, according to district officials. The district has a cybersecurity insurance policy that has been activated and covers such attacks.