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:
- U.S. DOJ: Two Americans Plead Guilty to Targeting Multiple U.S. Victims Using ALPHV BlackCat Ransomware
December 30, 2025
Yesterday, a federal district court in the Southern District of Florida accepted the guilty pleas of two men to conspiring to obstruct, delay or affect commerce through extortion in connection with ransomware attacks occurring in 2023. “These defendants used their sophisticated cybersecurity training and experience to commit ransomware attacks — the very type of crime ...
- The HoneyMyte APT evolves with a kernel-mode rootkit and a ToneShell backdoor
December 29, 2025
In mid-2025, Kaspersky researchers identified a malicious driver file on computer systems in Asia. The driver file is signed with an old, stolen, or leaked digital certificate and registers as a mini-filter driver on infected machines. Its end-goal is to inject a backdoor Trojan into the system processes and provide protection for malicious files, user-mode ...
- CVE-2025-14847: Critical Memory Leak in MongoDB Allowing Attackers to Extract Sensitive Data
December 29, 2025
On December 19, 2025, MongoDB Inc. disclosed a critical new vulnerability, CVE-2025-14847, which has since been dubbed MongoBleed. This vulnerability is a high-severity unauthenticated memory leak affecting MongoDB, one of the world’s most popular document-oriented databases. While initially identified as a data exposure flaw, the severity is underscored by the fact that it allows attackers ...
- Malware in 2025 spread far beyond Windows PCs
December 29, 2025
If there’s one thing that became very clear in 2025, it’s that malware is no longer focused on Windows alone. We’ve seen some major developments, especially in campaigns targeting Android and macOS. Unfortunately, many people still don’t realize that protecting smartphones, tablets, and other connected devices is just as essential as securing their laptops. Banking Trojans ...
- Accused data thief threw MacBook into a river to destroy evidence
December 29, 2025
South Korean e-tailer Coupang claims a former employee has admitted to improperly accessing data describing 33 million of its customers, but says the accused deleted the stolen data. In a post published on Christmas, Coupang revealed it worked with Mandiant, Palo Alto Networks, and Ernst & Young, to conduct a forensic investigation into the incident, and ...
- South Korea: Shinhan Card reports massive data breaches
December 26, 2025
Shinhan Card, one of the country’s top credit card issuers, reported a massive data leak Tuesday. The Seoul-based company said more than 190,000 cases of potential data exposure have been identified that involve merchant partners’ personal and business information. The incident seems to stem from employee actions rather than an external cyberattack. Against this backdrop, Shinhan ...