Ransomware attack leads to identity theft of an Oakland Man

1013

In recent times, we’ve been inundated with countless stories about ransomware attacks and the extortion demands posed by cyber-criminals. However, a new facet of cyber-crime has emerged, taking the form of a twist in the aftermath of a ransomware assault on a government network.

A resident of Oakland, Dedrick Warmack, has come forward, alleging that the ransomware attack not only compromised a government network but also resulted in his identity being stolen. This, in turn, paved the way for the creation of fraudulent bank accounts, the acquisition of high-value properties, and an onslaught of millions of dollars’ worth of credit card payments flooding his email inbox.

While this may initially sound sensationalized, investigations into the matter have substantiated Mr. Warmack’s claims. According to him, multiple newly opened bank accounts now bear his name, boasting credit balances ranging from $17,000 to $30,000. The Oakland native believes that cybercriminals likely accessed his sensitive information during a city computer network hack several months ago, leading to identity theft and fraudulent activities, including deceptive phone calls concerning overdue credits, water and sewage bills totaling $2,000, and home loans.

Further probing revealed that an unidentified individual had, without Warmack’s knowledge, purchased a property in New England using his credentials, such as his Social Security Number, through a smart finance scheme. As a result of loan and bill payment defaults, Warmack’s credit score plummeted by a staggering 180 points.

Traditionally, we’ve witnessed companies grappling with the aftermath of file-encrypting malware attacks. Now, a new chapter unfolds as individuals find themselves ensnared in the nightmare of ransomware breaches, enduring consequences that extend beyond the digital realm.

The question of culpability arises: Should the blame be placed on the administrators of the City of Oakland, tasked with safeguarding sensitive data, or does responsibility lie with the individual who failed to monitor his credit score promptly, now grappling with remorse?

Ad
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

No posts to display