New York Daily News

Want 2 mil bitcoin ransom

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college will cough up the cash.

At the Bronx campus Thursday afternoon, students said the hack disrupted their classes because many of them take classes online. Now they are talking to their professors about getting extensions, especially if they have term papers due.

“All the systems are down,” said student, Jeffrey Lopez. “It won’t let us log in our print our work.”

The NYPD and the FBI are part of a cybercrime taskforce looking into the attack and trying to determine if it is linked to several other hacks in Maryland and Florida.

Baltimore chose not to pay a Bitcoin ransom of about $76,000 when the city was hacked nearly two months ago. The hack has caused $18 million in damages in lost or delayed revenue and the cost to restore systems.

Two cities in Florida, Lake City and Riviera Beach, paid a combined $1 million in Bitcoin as ransom to end hacks.

Security consultant Timothy Crosby, told The News that hackers spend their time in cyberspace looking for vulnerable institutio­ns, not necessaril­y those with big names or reputation­s.

“If you have an exposed service area, these guys, they’re scanning on a daily basis and sometimes they stumble on an area where there is vulnerabil­ity,” said Crosby who works for Austin, Texasbased Spohn Security solutions. “And then they find their way in.”

How much Monroe is damaged by the hack, he said, will be determined in large part by its back-up security measures. The better the backup, the less data compromise­d.

Despite a recent resolution by the U.S. Conference of Mayors that urges cities not to pay off cyber attackers, some victims feel they have no choice, Crosby explained.

“If they’re not at the point where they can operate again without paying the odds are they’re going to pay it,” he said. “But they just won’t do it publicly.”

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