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

Dave Emory’s entire life­time of work is avail­able on a flash drive that can be obtained here. [1] The new drive is a 32-gigabyte drive that is current as of the programs and articles posted by 10/02/2014. The new drive (available for a tax-deductible contribution of $65.00 or more) contains FTR #812 [2].  (The previous flash drive was current through the end of May of 2012 and contained FTR #748 [3].)

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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.