Bitcoin ransom News

California Hospital Cyberattack Highlights Bitcoin Ransom Heists

Cybersecurity experts worry that the $17,000 a Los Angeles hospital paid hackers to regain control of its computers could signal a troubling escalation of the growing “ransomware” threat. Though patient care was not “compromised in any way,” Hollywood Presbyterian Medical …

Cyber-Extortionists Target Financial Sector, Demand Ransom in Bitcoin

A cybercriminal group going by the name “DD4BC” is blackmailing financial institutions, threatening to take down their customer websites unless they pay a hefty bitcoin ransom. DD4BC – which stands for “DDoS for Bitcoin” (Distributed Denial of Service for Bitcoin) …