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Cyber-Terrorists Holding Detroit Database Hostage, Demanding Ransom of 2,000 Bitcoins

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[7]COMMENT: High­light­ing the per­ils of wiki­cul­ture and under­scor­ing the util­i­ty of Bit­coin for var­i­ous types of crim­i­nal activ­i­ty, we note that cyber­at­tack­ers have frozen a key data­base for bank­rupt­cy-afflict­ed Detroit.

In return, they are demand­ing 2,000 Bit­coins as ransom–no doubt because of the rel­a­tive­ly opaque and untrace­able nature of the dig­i­tal cur­ren­cy.

Rep­re­sent­ed as a vehi­cle for “lib­er­a­tion” from the banksters, Bit­coin has its roots in the Aus­tri­an school of eco­nom­ics and cyber-lib­er­tar­i­an fas­cism.

To flesh out your under­stand­ing, please access our pro­grams about Bit­coin: FTR #‘s 760 [8]764 [9]770 [10], 785 [11].

“Cyber­at­tack­ers Freeze Detroit Data­base, Demand 2,000 Bit­coin Ran­som” by Michael Grass; govexec.com; 11/17/2014. [12]

. . . . The lat­est chal­lenge for Detroit’s lead­ers? Cyber­at­tack­ers who have been hold­ing a city data­base for ran­som for 2,000 bit­coins since April.

Dur­ing a speech at the North Amer­i­can Inter­na­tion­al Cyber Sum­mit [13] being host­ed in the Motor City on Mon­day, May­or Mike Dug­gan dis­closed the news of the cyber­at­tack [14], The Detroit News reports. But the city won’t pay the bit­coin ransom—which is rough­ly val­ued at $803,500 accord­ing the cur­rent bit­coin valuation—because the now-frozen data­base wasn’t being used by the city.

The may­or said the ran­som was a good “warn­ing sign” that the resource-strapped city needs to do more to make sure its infor­ma­tion sys­tems are secure, accord­ing to the News. Dug­gan also not­ed that an indi­vid­ual involved in the city’s bank­rupt­cy pro­ceed­ings was the vic­tim of a cyber­at­tack that involved a “sig­nif­i­cant” amount of mon­ey being tak­en from their per­son­al check­ing account.

Oth­er speak­ers [13] at the North Amer­i­can Inter­na­tion­al Cyber Sum­mit includ­ed Michi­gan Gov. Rick Sny­der, Michi­gan Chief Infor­ma­tion Offi­cer David Behen, for­mer U.S. Home­land Secu­ri­ty Sec­re­tary Michael Chertoff and Nation­al Asso­ci­a­tion of State Chief Infor­ma­tion Offi­cers Exec­u­tive Direc­tor Doug Robin­son.

Sny­der, accord­ing to the Detroit Free Press, announced [15] an expan­sion of the vol­un­teer Michi­gan Cyber Civil­ian Corps [16], which can “be called on in an attack to come togeth­er in a team.” The state ini­tial­ly brought that group togeth­er [17] in 2013.