Hackers Demand Bitcoin Payments in Queensland Attack
A Brisbane-based business was recently hacked and perpetrators are demanding bitcoin payments to return sensitive company information. Other companies in Queensland are being reminded to be wary of potential malware and to enhance their security on their websites. The business has already given in to the hackers' demands but they attacked again, this time aiming their efforts on a senior company official. Police say that threats to the family were made online. Bitcoin Payments Extortion. "This is a very serious attack on an organisation and quite traumatic for the business, the victim and....
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A senior executive in Australia has reportedly been victimized after the company they work for was pressured by online hackers into paying a ransom in bitcoin worth $14,000 earlier this year. According to a report by the Brisbane Times, the unnamed Queensland-based business suffered an internal data theft, which was followed by the ransom demand. The company paid the amount, local law enforcement officials told the news service. Subsequent ransom demands were ignored, police explained, a decision that is said to have prompted the hackers to escalate their intimidatory tactics. The hackers....
In another update on hacking incidents putting bitcoin payments in a negative light, a group of banks in Hong Kong suffered a DDoS (distributed denial of service) attack and are being demanded for bitcoin payouts in exchange. The Bank of China and the Bank of East Asia reported this incident to the Hong Kong authorities who are already conducting investigations on the matter. News reports indicate that these financial institutions suffered website outages, as hackers overwhelmed the sites with traffic from multiple sources. This sparked irregular spikes in online traffic, forcing some of....
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn, a publicly-traded Taiwanese company and one of the largest electronics manufacturing firms, suffered a cyberattack deployed by Doppelpaymer, a group of hackers specialized in ransomware attacks, who asked for a 1,804 bitcoin (BTC) ransom, worth over $34 million as of press time. According to Bleeping....
In a ransomware attack, it is assumed that the hackers prefer the ransom being paid in bitcoin due to the anonymous nature of its transactions. It might not be true as the hackers are probably interested in bitcoin for entirely different reasons. Bitcoin and Ransomware, these words appear more frequently in a single sentence these days than we wish for. Ransomware attacks have become a common occurrence these days. We had earlier reported the use of Advertising network by cyber criminals to propagate ransomware to the computers belonging to the readers of some of the leading news websites.....
North Korean hackers are being pointed at as the brains behind last week’s $100 million crypto attack at an American company, multiple news outlets reported Thursday. The Lazarus Group, a notorious hacking group with apparent ties to the North Korean government, has been pinpointed as the main suspect in the recent attack on the Harmony protocol, in […]