Bitcoin Ransom Worth $2,400 Demanded From Plex

Hackers creating online malware attacks typically demand bitcoin ransom, as this prevents authorities from tracking where the payments went. Bitcoin transactions are anonymous and irreversible, making these the usual mode of ransom required by scammers. Just recently, a company based in Brisbane suffered internal data theft and was demanded to pay bitcoin ransom to its hackers. Initially, the company refused to make the payments but the hackers escalated their threats. Bitcoin Ransom Payment. Eventually, the Australian firm gave in to the demands and gave the hackers the amount they wanted....

Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually led to the arrest and eventual sentencing of the Chinese kidnappers. A Ransom Demand Four Chinese citizens accused of kidnapping and demanding bitcoin as ransom payment have been jailed, China’s Embassy in the Philippines has said. Two of the accused — namely, Liu and Zhang....

What seemed like a Black Friday hack has revealed extortionists demanding bitcoin ransom. Last weekend, San Francisco public transit fare systems began to refuse commuters’ money. The hacker demanded 100 bitcoin from SFMTA to put its payment systems back in place to undo the revenue loss. San Francisco Municipal Transportation Agency (SFMTA) refused to....

Ukrainian mall receives bomb threat from an unknown person, demands $200 BTC ransom to stop sending further threats. Cybercriminals are giving Bitcoin a bad name. Starting with hacking attempts, criminals have been trying to extort money from unsuspecting individuals and businesses by infecting their computers with ransomware or blackmailing them with ill-gotten confidential information. The ransom demand, in Bitcoin payments, is a common thread that unites all these threats. Deviating from standard operating procedures followed by hackers, an unknown individual or a group of individuals....

Authorities in Greece have banded together a special team of cyber sleuths to safeguard Greek banks from cyber-attacks after a malicious hacker group demanded a bitcoin ransom with the threat of further DDoS attacks. In yet another instance of the infamous hacked group 'Armada Collective' targeting banks, the online operations of three Greek banks were rendered offline for a few hours last week, in a demonstration of their malicious hacking abilities. The group threated to attack again unless the banks paid a bitcoin ransom before Monday. The deadline is today, as reported by Greek....