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Atlanta Projected To Spend At Least $2.6 Million on Ransomware Recovery

Atlanta is setting aside more than $2.6 million on Recovery efforts stemming from a Ransomware attack, which crippled a sizable part of the city's online services. ZDNet reports: The city was hit by the notorious SamSam ransomware, which exploits a deserialization vulnerability in Java-based servers. The ransom was set at around $55,000 worth of bitcoin, a digital cryptocurrency that in recent weeks has wildy fluctated in price. But the ransom was never paid, said Atlanta city spokesperson Michael Smith in an email. Between the ransomware attack and the deadline to pay, the payment portal was pulled offline by the ransomware attacker. According to newly published emergency procurement figures, the city is projected to spend as much as 50 times that amount in response to the cyberattack. Between March 22 and April 2, the city budgeted $2,667,328 in incident response, recovery, and crisis management.

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Atlanta Projected To Spend At Least $2.6 Million on Ransomware Recovery

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