A ransomware attack that started with an e-mail to a police employee has cost the city of Riviera Beach, FL, 65 bitcoin worth approximately $592,000.
Riviera Beach, a small city of about 35,000 people just north of West Palm Beach, is the latest government to be crippled by ransomware attacks that have successfully extorted municipalities and forced them to dig into public coffers to restore their networks. A similar breach recently cost Baltimore $18 million to repair damages.