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Just before the 2024 general election was announced, the UK government was looking to bring in tougher rules on ransomware payments, including the potential to ban ransom payments entirely. The justification? A decisive action to cut off the business model of cyber extortionists. But the message around ransom payments is contradictory to say the least. […]
‘The real goal of this insurance policy is really to ensure the safe release of the victim and importantly deal with any collateral damage to the family, to the businesses that may be involved,’ says Richard Hood, CEO of Olea Africa. Source link
A Hong Kong court has sentenced two human traffickers to up to four years and eight months in jail for tricking five Hongkongers into forced labour and confinement in Southeast Asia in one of the worst cases involving residents’ safety overseas in recent years. Ma Che-hou, 32, and Joshua Cheung Man-waai, 25, were sentenced on […]
Gunmen have kidnapped an official of the Federal Road Safety Corps (FRSC) in Enugu State, south-east Nigeria. PREMIUM TIMES gathered that the victim, Emeason Chima, was kidnapped on Saturday near Maduka University in Ekwegbe, Igbo-Etiti Local Government Area of the state. Mr Chima is attached to the Ugbokolo Unit of the FRSC Command in Benue […]
The Nasarawa State Police command has arrested a suspected kidnapper and recovered the sum of five hundred and forty-seven thousand Naira. Ramhan Nansel, the Nasarawa State spokesperson of the Command, made this known to journalists on Sunday. According to Nansel, the said amount is part of the suspect’s share of the ransom collected for the […]
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Star Health, India’s biggest health insurer, on Saturday said it had received a ransom demand of $68,000 from a cyberhacker in connection with a leak of customer data and medical records. Star, which has a roughly $4 billion market cap, is battling a reputational and business crisis since Reuters reported on Sept. 20 that a […]