TMIB Blog

LA Hospital Pays Ransom to Cyber Hackers

Cyber InsuranceThe term “cyber hacker” gets used so often, it sometimes loses meaning. However, a very real cyber attack happened recently in Los Angeles.

Hollywood Presbyterian Medical Center came under a malware attack and their system was completely locked by hackers. Meaning all of their medical records, patient histories, accounting, …..everything was frozen until a $17,000 ransom in untraceable bitcoins was paid. Even though the attack only kept the hospital down for a relatively short amount of time and nobody was harmed in the process, it has raised questions regarding the security of digital records and what it could mean on a larger scale.

To read more about this story visit:  (https://www.washingtonpost.com/news/morning-mix/wp/2016/02/18/after-computer-hack-l-a-hospital-pays-17000-in-bitcoin-ransom-to-get-back-medical-records/) and for any questions regarding cyber liability insurance contact your TMIB at 310-828-9662.

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