[ISN] Multinational firm paid ransom in bitcoins to hackers who broke into systems

http://www.theguardian.com/technology/2015/jun/04/hackers-extorted-multinational-firm-in-australia-and-threatened-employee By Joshua Robertson The Guardian 3 June 2015 Hackers extorted an international company based in Brisbane for a ransom paid out in bitcoin but then escalated their demands by threatening online attacks on a senior employee’s child, Queensland police have said. The company, which police refused to identify, paid the hackers an initial ransom worth thousands of dollars after its computer system was hacked and sensitive data stolen earlier this year. When the company refused a further larger ransom demand and contacted police, hackers then “profiled a senior member of the organisation, identified their family and threatened to discredit members of his family through online attacks particularly targeting a child”, police said. The case prompted acting assistant commissioner Brian Hay to warn that businesses should never give in to extortion demands but also be wary of posting personal information on social media that could be exploited as leverage by cyber criminals. […]