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:
- Manufacturing Cybersecurity Case Studies
February 17, 2021
Manufacturing is a large industry that plays an important role in the world economy and is closely linked to our daily lives. They produce a variety of products, such as automobiles and semiconductors, industrial equipment, steel, oil, cement, food and pharmaceuticals. Each company has a different environment and different cybersecurity challenges. Trend Micro classifies their ...
- Rising healthcare breaches driven by hacking and unsecured servers
February 17, 2021
2020 was a bad year for healthcare organizations in the U.S., which had to deal with a record-high number of cybersecurity incidents on the backdrop of the COVID-19 pandemic. Hacking and IT incidents affected the industry to a larger extent last year, accounting for more than 67% of all breaches and exposed the personal data of ...
- Masslogger Swipes Microsoft Outlook, Google Chrome Credentials
February 17, 2021
Cybercriminals are targeting Windows users with a new variant of the Masslogger trojan, which is spyware designed to swipe victims’ credentials from Microsoft Outlook, Google Chrome and various instant-messenger accounts. Researchers uncovered the campaign targeting users in Italy, Latvia and Turkey starting in mid-January. When the Masslogger variant launched its infection chain, it disguised its malicious ...
- U.S. Accuses North Korean Hackers of Stealing Millions
February 17, 2021
The U.S. Department of Justice has indicted three North Korean computer programmers for their alleged participation in widespread, destructive cyberattacks as part of the advanced persistent threat (APT) known as Lazarus Group. The indictment broadens the scope of crimes that the DoJ has linked to Lazarus Group (and by extension, to North Korea). The feds also ...
- Kia Motors America suffers ransomware attack, $20 million ransom
February 17, 2021
Kia Motors America has suffered a ransomware attack by the DoppelPaymer gang, demanding $20 million for a decryptor and not to leak stolen data. Kia Motors America (KMA) is headquartered in Irvine, California, and is a Kia Motors Corporation subsidiary. KMA has nearly 800 dealers in the USA with cars and SUVs manufactured out of West ...
- Details Tied to Safari Browser-based ‘ScamClub’ Campaign Revealed
February 17, 2021
Details of a flaw in Apple’s Safari browser, publicly disclosed Tuesday, outline how the cybergang known as ScamClub reached 50 million users with a three-month-long malicious ad campaign pushing malware to mobile iOS Chrome and macOS desktop browsers. The Safari bug, patched on Dec. 2 by Apple, was exploited by a malvertising campaign that redirected traffic ...