Phantom Squad hackers extort Bitcoins

Phantom Squad hackers extort Bitcoins from hundreds of companies around the world
25 September 2017   1456

A group of hackers from Phantom Squad threatens hundreds of companies around the world with DDoS-attacks, demanding ransom in Bitcoins.

As reported, mass spam-campaign has begun on September 19th. The extortionists demand to transfer 0.2 BTC (slightly more than $750 at the current rate) to their Bitcoin-wallet until September 30th, and promise that after this date the amount will increase to 20 BTC, increasing by 10 BTC daily.

For now, it's rather difficult to count the exact number of the letters sent by the hackers. However, in social networks plenty confirmations of the mass character of the mailing can be found.

In addition, the network security experts at Radware doubt that the threat group is a genuine Phantom Squad, since the latter is known primarily for attacks on Xbox Live, PSN and Steam game services. On top of that, malicious users may simply not have enough resources for a DDoS attack on such a number of targets, experts say.

It is also noteworthy that the "Sender's Name" line of the hacker mailing lists a certain Mr. Smith, which may be a reference to the recent attack on HBO.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   125

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.
 

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.