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Tag Archives: Ransom

Kidnapped South African Tycoon Released for 50 Bitcoins Ransom: Report

A South African businessman whose captors had allegedly demanded bitcoins as ransom has been freed. Liyaqat Parker, a businessman based in Cape Town, South Africa, was released on Monday according to a statement issued by his family. However, the circumstances of his release, including whether the bitcoin ransom was paid, remain unclear as his family declined to divulge further information. ...

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Hackers Demand $1 Million Ransom in XRP for Stolen Bank Data

Hackers have demanded a $1 million ransom to be paid in Ripple (XRP) for stolen personal data of 90,000 Canadians. They exploited the systems of two Canadian banks and threatened to release the user information unless their demands were met. Hackers Exploit Bank Weaknesses The hack was revealed on Monday by the multinational Bank of Montreal (BMO) and online bank ...

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South African Kidnappers Demand a 15 Bitcoin Ransom – The Merkle

Bitcoin and other cryptocurrencies have always been appealing to criminals. Whereas most of the illegal activity takes place online, that is not always the case. In South Africa, a kidnapping of a 12-year-old child is making headlines. This is mainly because the kidnappers have demanded a 15 Bitcoin ransom prior to releasing the child. Another Bitcoin-related Kidnapping In the world ...

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Gang Kidnaps 13 Year Old Boy, Demands Ransom of 15 Bitcoins

The kidnappers of a 13-year-old boy in South Africa have demanded a ransom of 15 bitcoins (BTC) – around $120,000 – for his release, The Guardian reported Tuesday, May 22. Local police stated that on Sunday, May 20, three gang members pulled up in a car near to where the teenager, Kathlego Marite, was playing with two friends close to ...

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Bitcoin ransom to CryptoLocker malware

Yuval Ben-Itzhak, CTO at security software company AVG, said: “Ransom malware has been around in different variations since the early 1990’s.” This malware has been terrorizing people for a long time and still some of us don’t understand when they got it and how can protect their files and computers. “The email would have a zip file attachment which contains ...

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Indian Authorities Bring Charges Against Eight Police for Kidnapping, Demanding Ransom in Bitcoin

Following an incident on February 11th, eight rogue police officers and a lawyer in India’s western state of Gujarat have gone missing after allegedly kidnapping a local businessman and forcing him to transfer 200 Bitcoin — worth about $1.8 million at the time— to an as of yet unidentified account. The criminal investigation department (CID) of the Gujarat police has filed a ...

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Hackers Target Atlanta Government Computers, Bitcoin Ransom Demanded

A group of hackers are demanding payment in Bitcoin to unlock computer systems they were able infiltrate in Atlanta. Yesterday’s ransomware attack targeted computers in important government departments. Data stored on the affected systems has been digitally encrypted. Another Case of Bitcoin Ransomware The security breach was first reported via a statement by the city on Thursday morning. The following ...

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