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Bitcoin Crime: Hackers Demand Bitcoin Ransom for Data Stolen from Johannesburg City Administration Website

News
Fri, 10/25/2019 - 13:09
Yuri Molchan
The ‘Shadow Kill Hackers’ group of IT criminals hacks the website of the City of Johannesburg, demanding a ransom in Bitcoin and leaving the city without e-services
Cover image via 123rf.com
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As reported by the eNCA news agency, a group of cyber criminals, referring to themselves as ‘Shadow Kill Hackers’, has attacked the City of Johannesburg administration website. Now they threatened to upload the stolen data on the Internet unless the authorities pay them a ransom of 4.0 BTC by October 28.

The news was broken on the eNCA Twitter page. Details were reported by Business Day.

Hackers shutting down e-services of an entire city

The attack occurred on the early hours on Thursday, October 25. The cyber criminals disabled the city’s website and all of the city's online services. For resuming those, the ‘Shadow Kill Hackers’ demand a ransom in Bitcoin.

When the incident took place, several other banks also complained of issues with the Internet connection.

The local security experts and the police are currently investigating the case.

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Bitcoin is favored by hackers and darknet

Bitcoin is widely used for illegal operations, mainly on the darknet. Recently, U.Today reported that the ESET research team had reported a new malware that steals Bitcoin from regular darknet shoppers.

 

Do you believe that the positive sides of using Bitcoin will ultimately prevail over its criminal use? Feel free to leave a comment below!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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