UK Regulator Advises Charities against Paying Bitcoin Ransoms to Avoid Cyberattacks
The Charity Commission in the United Kingdom has issued an alert toward all charities about an extortionist group demanding between £300 – £500 in bitcoin (approx. 1.03 to 1.72 BTC) or face cyberattacks, if the ransom isn’t paid up. In an alert issued toward UK-based charities today, the Charity Commission has revealed that a cyber-extortion group calling themselves the “RepKiller Team” are threatening businesses around the UK with their extortionist demands. The group is unlike other cyber-criminal extortionist groups who normally operate with distributed denial of service (DDoS)....
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A Threat to Financial Integrity
South Africa’s main banking industry regulator, the Prudential....