Crypto-Ransomware payment is currently a debate in Australia calling on the government to ban the use of cryptocurrency as a means of paying cyber ransoms, with Crypto-Ransomware payments being the primary focus of the discussion. The impetus for this debate stems from a recent large-scale data breach that occurred at a local business. On March […]
Crypto Ransom
Cryptocurrency Ransom Escalated by 200% in 2019
According to a report published by digital forensics firm, Crypsis Group, the already operational surging trend in demand of ransoms by criminals is growing. As per the data, cryptocurrency ransom Escalated sharply by 200 percent from 2018 to 2019. The 2020 Incident Response and Data Breach Report published by Crypsis Group indicates that it’s not […]
Monero Mining Malware has Infected 1000 Corporate Computers
Since December 2019, more than 1,000 corporate computer systems have been infected with Blue Mockingbird malware by cyber criminals. The global spread of Monero mining malware was reported by Red Canary Cloud Security Company on May 26. According to the report, monero mining malware attacks servers running ASP.NET applications and is most vulnerable to installing […]
Hackers Demand Crypto from Law Firm Representing Madonna and Le Bron
A recent report suggested that the notorious hackers known by the name REvil or Sodinokibi, hacked into the website of a law firm based in New York. The hackers demand crypto ransom from the law firm that represents popular individuals such as Elton John, Lady Gaga, Madonna, Rob Stewart, The Weeknd, U2, LeBron James, Mike […]
Bitcoin Used As a Ransom Tool in Mumbai Hotel Threats; LeT Suspected
The cryptocurrency world is no stranger to disputes and scams. As each day passes, it has become evident that some community members will continue to use digital assets for nefarious purposes. According to recent reports, hotels in the city of Mumbai have received threats that Bitcoin is being demanded as ransom. Four high-end hotels in Mumbai were searched from top to bottom over the past couple of days after emails claiming to be from […]
International Foreign Exchange Travelex Faces Cyber-Attack, Hackers Demanding Ransom in Crypto
Travelex, the international foreign exchange firm is experiencing a global blackout on its online currency exchange services following the cyber attack. The firm is currently unable to serve its services to thousands of its customers efficiently and meantime hackers are demanding ransom in cryptocurrencies. Hackers are likely fond of Cryptocurrencies The incident was identified on […]
EXCLUSIVE: Nigerian Politician Pays $15000 in Bitcoin in Ransom to a Kidnapper
Dr. Umar Ardo, who is the chieftain of the Peoples Democratic Party (PDP), reportedly paid $15000 in Bitcoin in ransom to a kidnapper who kidnapped his 24-year-old daughter, Aisha. Fondly known Ummi, Aisha was kidnapped on Sept 14, 2019, at a shopping mall and Kidnapper released her on Sept 15 after receiving the ransom in […]