A school district in Richmond, Michigan, recently discovered that their computer network had been taken over by a ransomware attack over the holidays. The hackers are now demanding $10,000 in BTC to unlock the computers. According to the school’s IT department, the hackers gained access to the school’s computer system on December 27.

No Plan To Comply With The Computer Hackers 

Once the hack was detected, Richmond Community Schools was forced to postpone the opening date. Luckily for them, the backup server had not been affected by the hack. According to a Facebook post, the hack affected the school district’s copiers, phones, classroom tech, and the heating system. However, the district has made it clear the hackers did not steal any personal information.

Additionally, the school has said they said they would not pay the ransom. Instead, they have contact state and federal law enforcement to deal with the matter. According to the superintendent, this attack could have been much worse. He noted that they do not have a huge IT department and they mainly deal with educational matters. The server should be back up soon.

Ransomware is a Growing Problem

No matter how complex or simple a system is, anyone can be hacked. However, there are steps that one can take to avoid succumbing to these hacks. For instance, when you buy a new device, ensure that you change the default password. Besides that, you must update your software often.

If someone asks you to provide your password over the internet, you are probably going to be scammed. No government agency or company would ever ask you to provide him or her with your personal details. This may sound basic to you, but these days some of the basics around security tend to be forgotten.

Other steps that you can take include using different passwords on different apps that you use in your daily life. Additionally, you should never click on a link or download any file from an untrusted source. If you detect any suspicious activity, you should always make a report to the authorities immediately.

Continued Attacks around the World

This was not the first attack to affect a school. In 201, more than 500 schools succumbed to similar attacks. Besides schools, local councils and schools have also been targeted. The reason for these attacks may be that schools simply do not have a large enough budget to purchase complex tools required to ward off such attacks.

However, it is worth noting that hackers have also targeted large companies. One of the recommendations by the authorities is for anyone who is hacked not to pay the ransom. For one, there is no guarantee that once you pay, they will unlock your system. Additionally, it is important to have a backup of the data. This way, you can simply start over when the hackers take over your systems.

If no one pays these hackers, they will give up and find better uses for their time. The law could also be amended to impose tougher punishments for anyone caught carrying out a ransomware attack.

Image Source: Flickr / Comparitech 

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like

Microsoft Files Patent to Use Brain Waves For Cryptocurrency Mining

In a recent patent filing, Microsoft appears to have a plan to use…

Samsung Continues to Expand Its Reach Into the Crypto Sector

Samsung becomes the first major phone developer to create a crypto wallet…

Personal Documents Belonging To Digitex Users Gets Leaked

It is no news that there are several companies out there that…

Social Media Platform Launched by Block.One on the EOS Blockchain

A lot has happened in the blockchain community in recent times, new…

Bitcoin Network Status – Holding Up Extremely Well in 2019

In the cryptocurrency hemisphere, one looks at very different metrics than the…

Facebook’s Libra Association Members Declines to 23 as Four Other Giants Back Out

eBay, Visa and Mastercard, and Stripe are the latest names who have…
eToroX crypto exchange

eToroX Crypto Exchange Rating Report

Executive Summary – eToroX Exchange ADVANTAGES ① eToroX exchange has a relatively…

Market Movers: Dell Falls on Chip Concerns, Alphabet Gains on Berkshire Stake

  The U.S. stock market kicked off the trading week under pressure…

Token: Open Banking API Provider Raises $16.5 Million From Opera Tech Ventures

Cryptocurrency is evolving, perhaps even faster than the world, and it keeps…

Cybersecurity Firm Receives Bullish Rating Revision

  Data protection and security enterprise Rubrik witnessed its equity assessment elevated by…