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The 10 Biggest Ransomware Attacks of 2019

Multinational manufacturers and U.S. city and county governments spent more $176 million responding to the biggest ransomware attacks of 2019, spending on everything from rebuilding networks and restoring backups to paying the hackers ransom.

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3. Baltimore

Recovery And Mitigation Costs: $18.2 million 

Baltimore’s computer systems on May 7 were hit by a ransomware strain known as RobbinHood, which encrypted several critical functions for the city. The damage extended to city employees’ email and voice mail systems; online payment services for water bills, property taxes and traffic citations; and real-estate transactions, necessitating the creation of a “manual workaround” using paper forms.

City leaders at the time were presented with a demand for roughly $76,000 in exchange for a decryption key, and were threatened with the destruction of affected data within days if the ransom wasn’t paid. But the city refused to pay the ransom and instead endeavored to restore the affected systems and data on its own.

As a result, the city experienced the loss or delay of $8.2 million in revenue from sources such as fines, property taxes and real-estate fees, and expects to spend $10 million in the recovery effort by the some of 2019. Some of the recovery-related costs include $2.8 million for forensic analysis and detection, $1.9 million for new hardware and software, and $600,000 to deploy new systems and replace hard drives.

 
 
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