bitcoin ransom News

Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers

Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked data on the jeweler’s high-profile clients, according to a London lawsuit. Graff, that counts Middle East royalty among its client …

Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies

The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single …

FBI Recovers Most of Bitcoin Ransom Paid by Colonial Pipeline

The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co. last month in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the …