Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million

Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 MillionTesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. Musk’s revelation comes after the United States Department of Justice (DoJ) had brought […]

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Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers

Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to HackersCWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet owned by the cyber thieves received 414 BTC on July 28 […]

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Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero

Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of MoneroTelecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small IT problem, the cyber-attacks have reportedly crippled the company’s IT systems. […]

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Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers

Ethereum's $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by HackersHackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Ethereum blockchain to facilitate two separate transactions at a cost of $5.2 million in fees, new information suggests. The hackers may have gained access to the exchange’s funds but failed to transfer the money into their own wallets because of […]

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