demands

now browsing by tag

 
 

Why #hackers love #bitcoins for #ransom #demands

Source: National Cyber Security – Produced By Gregory Evans

The ransom demand for $23,000 to unlock Mecklenburg County’s computer data illustrates two newish concepts you might only vaguely understand.

Ransomware is the term for malicious worms such as the one an unsuspecting county employee unleashed by opening an email attachment. Such tactics have targeted a growing number of businesses and institutions. In May, the WannaCry cyber-attack infected more than 200,000 computers in 150 countries.

Bitcoin transactions are private, so they are the favored payment method of cyber criminals, including those that targeted the county.

Bitcoin is described as a “new kind of money” that works without banks or central authority – it’s essentially a digital cash network. Bitcoins, which can be used to pay for goods and services, can be purchased through exchanges, all without revealing personal information.

▪ Mobile apps or computer programs provide users a “wallet” with which to send or receive bitcoins with other users. A public ledger called a “block chain” records all transactions, which by April were worth $20 billion.

▪ Bitcoin payments can be sent directly to a recipient’s wallet, which can belong to legitimate users as well as hackers.

“Some concerns have been raised that private transactions could be used for illegal purposes with bitcoin,” Bitcoin.com says. “However, it is worth noting that bitcoin will undoubtedly be subjected to similar regulations that are already in place inside existing financial systems.”

The post Why #hackers love #bitcoins for #ransom #demands appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Hacker #demands #money, #threatens #terrorist #claims

Source: National Cyber Security – Produced By Gregory Evans

A 72-year-old Plymouth man’s computer was hacked by someone who threatened to report him as a terrorist sympathizer unless he paid money, a police report said.

The victim told police he received several telephone calls Nov. 21 after his computer was hacked. He said the caller demanded $300 for three years of computer protection or $2,000 for lifetime coverage.

The caller became aggressive, the report said, threatening to contact the U.S. president and the CIA to accuse the victim of supporting a terrorist network.

The victim notified police and no money was lost.

Suspicious visitor

A 51-year-old Plymouth man notified police after he was twice awakened by someone pounding on his door and leaving behind a smashed pumpkin on his driveway and a plant dumped on the windshield of his Ford Fusion, a report said.

The man said the knocking occurred about 2:30 a.m. Nov. 23 and then an hour later. He called police both times, but the prankster had fled when officers arrived.

The incident occurred in the 1000 block of Quail Circle. The windshield of the Ford Fusion sustained some damage when the plant was dumped on it.

Drunken crash

Plymouth Township police arrested a 36-year-old Westland man after he crashed his 2013 Ford Econoline into a building at 14937 Northville Road, a report said.

Police cited the man for operating while impaired and his vehicle was impounded.

The crash happened just before midnight Nov. 21, near Northville Road and Five Mile, the report said. The driver was bleeding from the head and mouth and was taken to St. Mary Mercy Hospital for treatment, the report said.

The suspect told police another vehicle cut him off and caused him to crash into the building after he left a bar, the report said. Police got a search warrant to have the man’s blood drawn to test for blood-alcohol level.

Vehicle larceny

A 43-year-old Canton woman called police after her purse was stolen by someone who smashed out her car window while she was parked at Applied Fitness Solutions on Ann Arbor Road in Plymouth, a report said.

She said the incident happened between 6:45 p.m. and 8 p.m. Nov. 9. She said she had tried to hide her purse under the back of the passenger seat, but apparently it was still visible.

She said she locked the doors, but the intruder broke out the rear passenger window. She told police the purse contained credit cards, $30 in cash and her driver’s license.

Home break-in?

A 34-year-old man told Plymouth Township police $500 was stolen from his bedroom closet while he was out of town, a report said.

He told police he returned Nov. 12 to his home in the 2300 block of Hackberry to find that five $100 bills had been stolen from his closet. He said he locked the house before he left.

He told police the money had been given to him as a family gift.

The post Hacker #demands #money, #threatens #terrorist #claims appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Reminding The Middle Market That Global Payroll Demands Cybersecurity, Too

more information on sonyhack from leading cyber security expertsSource: National Cyber Security – Produced By Gregory Evans Cybersecurity weighs heavily on corporates’ minds, especially when incidents like the Equifax data breach occur. But often, businesses prioritize security of customer data, then safeguard internal company data. Experts warn some companies could be missing a huge area prone to data hacks: payroll. “Payroll data is […] View full post on AmIHackerProof.com | Can You Be Hacked?

‘Treated like a criminal’: Florida mother of arrested 10yo with autism demands answers

A Florida mother wants to know why her 10-year-old son with autism was dragged away from his elementary school in handcuffs and forced to spend a night behind bars. Luanne Haygood told RT America’s Marina Portnaya the police were “certainly not trained.”

A mother in Florida watched as her 10-year-old son was dragged away from his elementary school in handcuffs and forced to spend the night in jail for an incident that took place last year.

Luanne Haygood captured footage of two school resource officers at Okeechobee Achievement Academy who grabbed her son by the wrists.

“I don’t want to be touched,” John Benjamin Haygood, who was slumped over in his chair, pleaded with the officers.

Read More

The post ‘Treated like a criminal’: Florida mother of arrested 10yo with autism demands answers appeared first on Parent Security Online.

View full post on Parent Security Online

Verizon Demands a Better Deal After Yahoo’s Latest Historic Hack

Source: National Cyber Security – Produced By Gregory Evans

Verizon Demands a Better Deal After Yahoo’s Latest Historic Hack

Verizon is said to have threatened to go to court to get out of the deal if it is not repriced.
Yahoo YHOO -6.11% came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the

The post Verizon Demands a Better Deal After Yahoo’s Latest Historic Hack appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Companies increasingly yield to ransomware demands

Source: National Cyber Security – Produced By Gregory Evans

Faced with few options, companies are increasingly giving in to cybercriminals who hold their data hostage and demand payment for its return, while law enforcement officials struggle to catch the nearly invisible perpetrators. The risks to organizations have become so severe that many simply pay their attackers to make them go away — a strategy that may only embolden the crooks. It’s a case of asymmetric electronic warfare. Ransomware, which encrypts files until a victim pays to have them unlocked, can be devastating to an organization. Barring an up-to-date backup, little can be done aside from paying the attackers to provide the decryption keys. Less common but just as harmful are extortion schemes, where attackers claim to have stolen critical data and threaten to publicly release it unless their demands are met. Timeframes are tight: Hackers may give a company less than 48 hours to comply, setting off a race to confirm what data, if any, has been stolen. The costs of ransomware and extortion are difficult to calculate. Last June, the FBI estimated that the CryptoWall ransomware family alone had cost U.S. organizations $18 million over the prior year. In October, an industry group put the total cost of […]

The post Companies increasingly yield to ransomware demands appeared first on National Cyber Security.

View full post on National Cyber Security