New Bedford, Massachusetts’ refusal to pay a $5.3 million ransom highlights how victim towns and cities may be hitting the limit to what they’re willing to spend to speed recovery. Cyber extortionists’ ransom demands have surged in recent years, as ransomware cotinues to cripple the operations of manufacturers, hospitals, and — most recently — local governments. Yet those demands may have hit an upper limit.
Source: Dark Reading
