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:
- Mirai Variant Goes After Enterprise Systems
March 18, 2019
The newest Mirai variant is targeting WePresent WiPG-1000 Wireless Presentation systems and LG Supersign TVs used by enterprises. Researchers have discovered a new variant of the infamous Mirai IoT botnet, which has been sniffing out and targeting vulnerabilities in enterprise wireless presentation and display systems since January. Palo Alto Network’s Unit 42 researchers said that the newest ...
- Patched WinRAR Bug Still Under Active Attack – Thanks to No Auto-Updates
March 15, 2019
Various cyber criminal groups and individual hackers are still exploiting a recently patched critical code execution vulnerability in WinRAR, a popular Windows file compression application with 500 million users worldwide. Why? Because the WinRAR software doesn’t have an auto-update feature, which, unfortunately, leaves millions of its users vulnerable to cyber attacks. The critical vulnerability (CVE-2018-20250) that was patched ...
- Disrupting the Attack Chain Through Detecting Credential Dumping
March 15, 2019
There are various steps that an attacker must follow in order to execute any successful attack, with the initial compromise being just one stage in the overall attack chain. Once attackers have successfully breached the perimeter of an organization, they enter into the lateral movement phase where they attempt to tiptoe through a network, identifying ...
- IMAP-Based Attacks Compromising Accounts at ‘Unprecedented Scale’
March 14, 2019
That’s according to researchers with Proofpoint, who found that in the past half year, a staggering 60 percent of Microsoft Office 365 and G Suite tenants have been targeted with IMAP-based password-spraying attacks; and 25 percent of those targeted experienced a full-on breach as a result. Password-spraying attacks are when an attacker attempts to access a large ...
- Talking to RATs: Assessing Corporate Risk by Analyzing Remote Access Trojan Infections
March 14, 2019
Remote access trojans (RATs) on a corporate system may serve as a key pivot point to access information laterally within an enterprise network. By analyzing network metadata, Recorded Future analysts were able to identify RAT command-and-control (C2) servers, and more crucially, which corporate networks were communicating to those controllers. This approach allows Recorded Future to ...
- Businesses warned over a new breed of BitLocker attacks
March 14, 2019
Devices protected using Microsoft BitLocker can be physically breached in a new form of attack that involves extracting the encryption keys from a computer’s Trusted Platform Module (TPM) chip. By hardwiring equipment into a computer’s motherboard, namely the TPM chip, attackers would be primed to access any sensitive corporate information stored on encrypted hard drives. This ...