Ukraine Mall Bomb Hoax: Blackmailer Demands 200 BTC Ransom to Stop
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....
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Before mainstream media decides to take this opportunity and blast Bitcoin's reputation to smithereens once again, it is important to note any form of payment should not be held responsible for how people decide to use it. Sydney schools are facing a completely new kind of threat, as various pranksters have taken it upon themselves to report bomb hoaxes via phone. Terrorism is a serious issue that is on everybody’s mind right now, and law enforcement has to take every single one of these reports very seriously. Similar incidents have been reported in other countries as well, and all of....
An Israeli teenager, alleged to have made over 100 bomb threats against Jewish Community Centers and day schools in the United States is now accused of making millions in bitcoin through cybercrime on the dark web. A Jewish teenager with both American and Israeli citizenship was apprehended last month by Israeli authorities in Marc in Ashkelon, a coastal city in the south of Israel. Some reports identify him as Michael Kaydar, a 19-year-old who is accused of making over 100 hoax bomb threat calls to Jewish Community Centers and Jewish day schools across 33 states since January. He is also....
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....
As if we did not have enough Bitcoin associated-DDoS attacks in 2015, the coming year may see the number turn three-fold as automation of such attacks increases. The startling prediction has been made by a Hudson-based DDoS protection solutions provider Corero Network Security (LSE: CNS). The media release states that the volume of DDoS attacks grew by 32% per quarter, and may result in a 30% jump in Bitcoin ransom demands if the trend is allowed to continue. Dave Larson, COO at Corero Network Security said: "Just one highly publicized participant will further fuel the epidemic by causing....
Back in September, we reported on a blackmailer/hacker who had been DDOS attacking the popular bitcoin sports book Nitrogensports.eu and then blackmailing them into paying a ransom for it to stop. Today, we have been informed by Bitalo.com, a “multi-signature wallet and decentralized exchange” with that they are the latest victim of attacks by the same hacker. The site was offline for two days before coming back online shortly before publishing. Bitalo.com's owners have informed us that rather than give into the hacker's demands, they will be putting up a bounty on the hacker who goes by....