French police rescued the father of a wealthy cryptocurrency entrepreneur in a nighttime raid after he was taken hostage for ransom, the latest alleged criminal effort in France to extort people involved in the management of digital assets.
The man was kidnapped Thursday morning in Paris, the prosecutor’s office said Sunday. “The victim turned out to be the father of a man who made his fortune in cryptocurrencies, and the incident was accompanied by a ransom demand,” its statement said, without giving their names or other specifics about their identities. Police investigators located the hostage in a house in the Essonne region south of Paris, from which he was rescued on Saturday night, the prosecutor’s office said.
Read more…
Source: AP News
Sign up for our Newsletter
The latest news and insights delivered right to your inbox.
Related:
- FBI Seeking Tips about PRC-Targeting of US Telecommunications
April 24, 2025
FBI is issuing this announcement to ask the public to report information about PRC-affiliated activity publicly tracked as “Salt Typhoon” and the compromise of multiple US telecommunications companies, especially information about specific individuals behind the campaign. Investigation into these actors and their activity revealed a broad and significant cyber campaign to leverage access into these ...
- Commvault Releases Security Updates for Command Center
April 24, 2025
Commvault has released a security advisory to address a critical vulnerability in its Command Center Platform. Command Center is Commvault’s all-in-one solution for managing Commvault services within a corporate environment. CVE-2025-34028 is a path traversal vulnerability with a CVSSv3 base score of 10.0, and if exploited could allow an unauthenticated attacker to upload ZIP files. The ...
- Android malware turns phones into malicious tap-to-pay machines
April 24, 2025
Got an Android phone? Got a tap-to-pay card? Then you’re like millions of other users now at risk from a new form of cybercrime – malware that can read your credit or debit card and hand its data over to an attacker. A newly discovered malicious program effectively turns Android phones into malicious tap machines that ...
- Health insurance firm Blue Shield data breach exposed data of over 4.7 million members
April 24, 2025
Health insurance firm Blue Shield has revealed a data breach has exposed protected health data of over 4.7 million members. The information was leaked to Google’s analytics and advertisement platforms following a misconfiguration of Google analytics on Blue Shield sites. “On February 11, 2025, Blue Shield discovered that, between April 2021 and January 2024, Google Analytics ...
- M&S: FTSE 100 giant battling cyber attack
April 22, 2025
M&S has revealed it has been battling what it has described as a “cyber incident” over the past few days. The FTSE 100 giant said that it’s made some “minor, temporary changes to our store operations to protect customers and the business” and “we are sorry for any inconvenience experienced.” M&S confirmed that it is working ...
- Critical RCE Vulnerability in Erlang/OTP SSH Server
April 22, 2025
Erlang has released updates to its OTP package to address a critical vulnerability in its Secure Shell (SSH) server. Erlang is an open-source programming language. OTP (Open Telecom Platform) is a set of Erlang libraries and middle-ware that can be used to develop applications. CVE-2025-32433 is a critical vulnerability with a CVSSv3 score of 10.0. If ...