CALI COLLEGE FORCED TO PAY HACKERS THOUSANDS TO GET ITS DATA BACK

[1/10/17]  A Los Angeles college paid hackers $28,000 to remove infected software from its computer systems after cybercriminals took the school’s data hostage.

The perpetrators infiltrated the servers of the Los Angeles Valley College (LAVC) and issued ransomware–a type of infected software designed to take over a computer system and then block access for the authorized user until a fee is paid.

Thousands of students and faculty were unable to access their files as a result of the ransomware, reports ZDNet.

“You have 7 days to send us the BitCoin after 7 days we will remove your private keys and it’s impossible to recover your files,” said the ransom note, according to The Valley Star, the school’s independent student newspaper.