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October 28, 2019

Expired: Bitcoin Ransom Deadline Lapses As City of Johannesburg Refuses to Hand Over 4 BTC

By Daily Hodl Staff

The City of Johannesburg refuses to cough up a crypto ransom in the amount of four Bitcoin worth approximately $37,471 at time of writing.

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On Thursday, October 24, South Africa’s biggest city got hit by hackers who are demanding 4 BTC in exchange for ‘captured’ data. The extortionists, known as the Shadow Kill Hackers, gave the City until Monday at 17:00 local time to pay up.

As a result, according to the city’s Twitter account, government officials were forced to shut down several systems, including the city’s website, e-services and billing, to prevent further access and damage to sensitive data.

Despite not having critical systems back online and after confirming that the cyber-attack has had a significant impact on the city’s ability to deliver key services to its residents, officials are refusing to cave to the hackers’ demands.

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Shadrack Sibiya, head of forensics, confirms that they know the origin of the attack but they’re not releasing any information.

According to a statement issued by the city, at the current rate of recovery, 80% of affected systems should be back online in the short term.

In the meantime, customers are advised to pay their municipal accounts using alternative means such as “EFT; EasyPay outlets (Pick ‘n Pay and Checkers) or the Post Office.”

Johannesburg joins a list of cities that have been attacked by ransomware. Earlier this year two cities in Florida were victimized by hackers seeking Bitcoin ransoms. Officials in Lake City paid hackers $460,000 in BTC to regain control of their computer systems while officials in Riviera Beach paid $600,000 in BTC to retrieve access to frozen documents and to get back online.

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Also in June, government officials in Baltimore who refused to pay a 13 BTC ransom worth roughly $100,000 at that time, ended up losing at least $18 million in repair costs and lost revenue due to hijacked systems.

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