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Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin 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. In a statement posted to its official Twitter handle on Oct. 28, the Johannesburg city council confirmed the attack had affected services that includ..

Report: $1.2M Earned Through Bitcoin ‘Sextortion,’ Bomb Threat Scams

News Cybercriminals earned $1.2 million in Bitcoin (BTC) through “sextortion” and bomb threat scams in the last 12 months, cybersecurity company Symantec reports on July 30. In sextortion scams, the scammers send victims emails that include an old password in the subject line, claiming the device ..

Police Rescue Two Bitcoin Traders Held for Weeks in Ransom Plot

Crypto-related crime has struck again; this time in Jaipur, India, but thankfully the long arm of the law caught up with the perpetrators before they could do much damage. Indian police have reportedly uncovered the den of kidnappers who had held two Bitcoin traders captive for two weeks. Per the r..

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