Bitcoin Extortionists Hold Taiwan Schools for Ransom

Bitcoin Extortionists Hold Taiwan Schools for Ransom

Cybercriminals have reportedly targeted a number of schools in Taiwan, threatening to destroy their computer systems and data if a bitcoin ransom isn’t paid. According to a report in Focus Taiwan, a national news agency, malicious hackers have compromised computer networks from 9 schools in Hualien, Taiwan’s largest county situated on the eastern coast of the country. The cybercriminals are demanding a payment of eight bitcoins (approx. $9,600), the Hualien County government revealed. Taking control of a number of schools’ printers, hackers have left a number of undisclosed threats with....


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