3 links
tagged with all of: hacking + ransom
Click any tag below to further narrow down your results
Links
A BBC reporter was approached by a cyber-criminal gang offering a share of ransom money in exchange for access to the BBC's systems. After engaging with the criminals, they experienced tactics like MFA bombing, which highlighted the risks of insider threats in cyber-security. The incident underscored the evolving methods of hackers and the importance of vigilance within organizations.
Matthew D. Lane, a 19-year-old college student, was sentenced to four years in prison for his role in a cyberattack on PowerSchool that led to a significant data breach affecting millions of students and teachers. He pleaded guilty to multiple charges, including unauthorized access and cyber extortion, and was ordered to pay $14 million in restitution. The attack involved stealing sensitive data and demanding a ransom, with ongoing legal scrutiny surrounding PowerSchool's security practices.
Coinbase reported that hackers bribed overseas support agents to steal customer data, leading to potential costs of up to $400 million. The company received a ransom demand of $20 million but has refused to pay, instead offering a reward for information on the attackers. While sensitive customer information was accessed, no passwords or funds were compromised.