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:
- Hacking Operational Technology for Defense: Lessons Learned From OT Red Teaming Smart Meter Control Infrastructure
April 13, 2021
High-profile security incidents in the past decade have brought increased scrutiny to cyber security for operational technology (OT). However, there is a continued perception across critical infrastructure organizations that OT networks are isolated from public networks—such as the Internet. In Mandiant’s experience, the concept of an ‘air gap’ separating OT assets from external networks rarely ...
- NSA discovers critical Exchange Server vulnerabilities, patch now
April 13, 2021
Microsoft today has released security updates for Exchange Server that address a set of four vulnerabilities with severity scores ranging from high to critical. All the flaws lead to remote code execution on a vulnerable machine and were discovered and reported to Microsoft by the U.S. National Security Agency (NSA). Microsoft also found some of them ...
- HTTPS over HTTP: A Supply Chain Attack on Azure DevOps Server 2020
April 13, 2021
The need for data encryption during transmission has paved the way for organizations to rely on TLS — not just for sending data through the internet, but even within trusted corporate environments. Without the use of TLS or SSL, the authenticity of transmitted data and the identity of endpoint can’t be verified. In this blog, we ...
- Capcom: Ransomware gang used old VPN device to breach the network
April 13, 2021
Capcom has released a final update about the ransomware attack it suffered last year, detailing how the hackers gained access to the network, compromised devices, and stole personal information belonging to thousands of individuals. In early November 2020, Ragnar Locker ransomware hit the Japanese game developer and publisher, forcing Capcom to shut down portions of their ...
- NAME:WRECK DNS vulnerabilities affect over 100 million devices
April 13, 2021
Security researchers today disclosed nine vulnerabilities affecting implementations of the Domain Name System protocol in popular TCP/IP network communication stacks running on at least 100 million devices. Collectively referred to as NAME: WRECK, the flaws could be leveraged to take offline affected devices or to gain control over them. The vulnerabilities were found in widespread TCP/IP stacks ...
- Man Arrested for AWS Bomb Plot
April 12, 2021
A Texas man has been charged with plotting a bombing of Amazon Web Services in a quest to allegedly “kill off the internet.” Seth Aaron Pendley was arrested in Ft. Worth after allegedly attempting to get an explosive device from an undercover FBI employee in a sting. The feds were alerted to Pendley after a concerned ...