Home BREAKING NEWS Insufficient Backups, Not Bitcoin, during Fault as Hollywood Hospital’s Data Held Ransom...

Insufficient Backups, Not Bitcoin, during Fault as Hollywood Hospital’s Data Held Ransom by Hackers

Bitcoin Watch Shop

This is a guest post by Addison James.

In a February 17 letter, Hollywood Presbyterian Medical Center President CEO Allen Stefanek said, “…the volume of Bitcoins requested was 40 Bitcoins, homogeneous to approximately $17,000.” 

This is a series of bitcoins that a HPMC eliminated to a hacker or hackers in sell for a decryption pivotal to a malware locking them out of their IT systems. The hospital’s network was underneath conflict for 11 days (February 5-15 ) before Stefanek paid a ransom. 

While headlines jested about a sanatorium staff reverting behind to pre-1990s procedures when paper and coop were a information middle of a day, a technological retrogression on this order, when lives are during stake, compulsory a calculation. Stefanek and a sanatorium had to confirm either people’s lives were value 40 bitcoins. 

Ultimately, HPMC distributed their waste and guilt and paid. This form of Bitcoin-based ransomware has been on a arise given 2013 when it is estimated that some-more than 200 malware programs were being expelled each notation of that year. 

Initially, there was CryptoLocker, a ransomware that demanded about $300 in bitcoins from a personal mechanism user before wiping their tough drives. In early 2015, confidence companies McAfee and


Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
BTC: 1FVCSiK2ErerjH1kBP4VLS5LqR3YzmVeXf
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824

Do you like The Bitcoin News?

Sign up to our Newsletter and get the latest Bitcoin and Ethereum News!

Read previous post:
Lucky Errors Found in Bitcoin

We found bitcoin mining is inherently tolerant to faults in the mining ASIC that can be exploited to maximize profits...

Close

Do you like The Bitcoin News?

Sign up to our Newsletter and get the latest Bitcoin and Ethereum News!