Canadian municipalities have been hit hard by ransomeware hackers in 2019.
Excerpt from IT World Canada
Ransomware reared its ugly head many times this year, and while the average ransomware demand dropped to only about CA$650 in 2018, ransoms in the ten and hundred thousand dollar-range are still popular.
That’s why local governments remain attractive targets. There are thousands of them, they’re government-funded, and they’re easily convinced to pay up because the alternative is often much more costly.
Attacks on Wasaga Beach, Ont. and Midland, Ont. last year both came with initial ransom demands in the six-figure range. According to the Canadian Internet Registration Authority, the full cost of recovery was estimated by both municipalities to be approximately $250,000 each.