• ransomware hackers demand bitcoin for sex toy
    adblock,  Bitcoin,  Technology

    Hackers demand $700 bitcoin ransom for man’s “family jewels”

    Hackers took control of an app-controlled, internet-of-things connected male chastity device in an attempt to obtain a ransom, according to a report

    According to a Jan. 11 report, hackers took advantage of a known cybersecurity vulnerability in the software of a “smart” sex toy, hoping to effectively hold the man who used the device hostage, by locking him in the chastity device.

  • Bitcoin extortionist jailed
    People

    U.K. Bitcoin extortionist jailed for 14 years

    Sheep farmer contaminated baby food with metal and demanded a $1.8M in bitcoin from U.K. retailer

    A plot to extort money from supermarket chain Tesco by contaminating baby food with broken-up blades of a craft knife and iron filings was fueled by bitcoin and ended with a 14-year jail term.