Ransom News

Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week.

Cybercriminals earned $1.2 million in Bitcoin through “sextortion” and bomb threat email scams in the last 12 months, according to a recent report.

Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of fraud in connection with the recent coinburn.

The kidnappers of a 13-year-old boy in South Africa have demanded a “non-negotiable” ransom of 15 BTC, worth around $120,000.

Another case of fraud involving Bitcoin surfaces in India as Wipro receives a $78 mln ransom demand.

The banks are now coming to terms with the view that it is cheaper to pay off criminals than risk ferocious cyber attacks on a high scale.

According to a cyber-security survey, 33% of UK companies are buying Bitcoin in anticipation of ransomware attacks. This comes after a Canadian university paid ...

Cointelegraph stongly advises NOT to fulfill any email demands coming from scammers calling themselves the Syrian Electronic Army (SEA), a division of ISIS.

ProtonMail, an open-sourced encrypted mail service founded by MIT and Stanford engineers at the CERN research facility, has suffered from a series of extremely ...