Who Will Pay The Ransom When Smart Meters Are Hacked Into?

‘Do you recall that a hospital actually paid hackers $17,000 ransom for the release of the hospital’s data? That was the Hollywood Presbyterian Medical Center, which paid using Bitcoin in February 2016. Another hacked company didn’t get off so cheaply! The South Korean web hosting company Nayana paid 397.6 Bitcoin, which was equivalent to almost a million dollars! That’s not all.
HealthcareITNews reported under a Privacy & Security heading, “Ransomware: See the 14 hospitals attacked so far in 2016” [to October]. [1]
Renault factories in France and Slovenia were temporarily shut down in May 2017 due to a ransomware attack! Hackers are real, while hacking is big time stuff even for teens who want to exercise their cyberspace prowess or ‘power-hungry’ antics.
Pharmaceutical giant, Merck & Company, was rocked by ransomware at its New Jersey headquarters in June 2017 by the WannaCry virus! Employees were told to close their computers and go home!’
Read more: Who Will Pay The Ransom When Smart Meters Are Hacked Into?

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