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:
- Thousands of Aer Lingus staff data stolen in ransomware attack
June 7, 2023
A Russia-linked ransomware gang responsible for a global cyber attack that has led to 5,000 Aer Lingus staff having their data stolen may have acquired enough information for identity theft, a leading cybercrime expert has warned. US company Progress Software revealed last week hackers had found a way to compromise the MOVEit Transfer software which is ...
- Adversaries increasingly using vendor and contractor accounts to infiltrate networks
June 6, 2023
The software supply chain has become a key security focus for many organizations, but the risks associated with supply chain attacks are often misunderstood. High-profile incidents like those reported by 3CX and MSI routinely grab headlines, continuing a trajectory of big-name security events that involve one specific aspect of the supply chain – software. Successful software-focused ...
- CISA Releases Two Industrial Control Systems Advisories
June 6, 2023
CISA released two Industrial Control Systems (ICS) advisories on June 6, 2023. These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. ICSA-23-157-01 Delta Electronics CNCSoft-B DOPSoft Read more… Source: U.S. Cybersecurity and Infrastructure Security Agency
- Spanish Globalcaja bank confirms ransomware attack
June 5, 2023
A prominent Spanish bank has confirmed that it is dealing with a ransomware attack that has impacted multiple branches. On Friday, Globalcaja issued a statement assuring customers that the incident has not impacted its entities’ operations, and that electronic banking and ATM services are still functioning. Read more… Source: Computing News
- Microsoft says Clop ransomware gang is behind MOVEit mass-hacks, as first victims come forward
June 5, 2023
Security researchers have linked to the notorious Clop ransomware gang a new wave of mass-hacks targeting a popular file transfer tool, as the first victims of the attacks begin to come forward. It was revealed last week that hackers are exploiting a newly discovered vulnerability in MOVEit Transfer, a file-transfer tool widely used by enterprises to ...
- Android apps with 30 million downloads contain SpinOk Android malware — delete these now
June 5, 2023
Following the discovery that over a hundred Android apps with 400 million combined downloads actually contained the SpinOk malware, security researchers have now found that an additional 92 apps are also affected. For those unaware, SpinOk is a spyware module that was being distributed as a software development kit (SDK) for advertisers. First discovered by the ...