Categories: CryptoNews

Riverdale School District Refused To Pay Bitcoin Ransomware Fee

The threat of Bitcoin ransomware is never far away, and the Riverdale school district’s computer system learned that the hard way. Based on a report by North Jersey, the computer system fell victim to a ransomware attack, not that long ago. It is worth noting the district did not pay the ransom of two Bitcoin, as most of the data were recovered by reverting to previously made backups.

Also read: Canadian Bitcoin Exchange Cointrader Is No More

Another Bitcoin Ransomware Attack

 

It is not the first, nor the last time; an institution will come face to face with a

Bitcoin ransomware attack. Especially larger institutions, such as schools and hospitals, are dealing with outdated computer systems. Moreover, their staff is usually unsure as to what they should be doing when this type of attack occurs.

Trouble started brewing for the Riverdale school district a few weeks ago when staffers were having trouble accessing the email system remotely. This issue was reported to Passaic County Education Services, as they handle all of the IT infrastructure involved. When their team accessed the system through a remote connection, the server did not respond to any commands.

After a visit in person, PCES discovered a Bitcoin ransomware message on various computers, which demand a ransom of two BTC to be paid. Despite facing this severe threat, the school district decided not to pay the ransom – which is the proper course of action in any case – and revert to data stored in their most recent system backup.

Related Post

What is even more interesting is how the infection was – apparently – contained to just the public server hosting the website, which is also hosted at the school premises. All in all, it was relatively easy to resolve this matter without too many issues. Five days after the first tissues were reported, everything went back to normal, and no critical files were lost in the process.

Based on the information we have received, it appears a new type of Bitcoin ransomware was responsible for this infection. DMA Locker 3.0, as this strain of ransomware, has been dubbed by Malwarebytes, managed to bypass the antivirus solution installed on the school computers. The primary focus for the district is to come up with a solution for the school system’s security, and all of the servers might be moved to an offsite location later on.

Source: North Jersey

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

8 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

8 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

9 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

9 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

13 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

14 hours ago