Florida School District Held to Impossibly High Ransom

Cyber-criminals behind a cyber-attack on a Florida school district are demanding a ransom payment of $40m in cryptocurrency. 

The computer system of Broward County Public Schools was compromised at the beginning of March by data-locking ransomware in a Conti gang operation. The attack caused a system shutdown but left classes undisturbed. 

Broward is the sixth-largest school district in the United States with 271,000 students and an annual budget of around $4bn. 

The district, which is based in Fort Lauderdale, negotiated with the ransomware gang for two weeks. Conti initially said it would accept $15m in Bitcoin if the district paid up within 24 hours.

But the ransomware gang reportedly ended communications with its victim after rejecting the district's offer to pay $500k. 

Screenshots of the negotiations posted to the gang's dark website appear to show Conti telling a district official that the $40m ransom "is a possible amount for you."

The Broward negotiator replied: “This is a PUBLIC school district. You cannot possibly think we have anything close to this!”

Conti claimed to have stolen personal information belonging to the district and threatened to make the data public. But Broward County Public Schools said in a statement Thursday: “We have no evidence that any individuals’ personal information has been accessed or removed from our network or compromised in any way.”

Cybersecurity experts are currently working with the district to investigate the i ..

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