Tag: Extortion/Blackmail

Elon Musk Uses ‘F’ Word for Advertisers Boycotting Platform
Technology

Elon Musk Uses ‘F’ Word for Advertisers Boycotting Platform

Updated Nov. 29, 2023 6:16 pm ETElon Musk said that an advertising boycott over his posts that he said were misperceived as antisemitic would kill his social-media platform X, and that anyone trying to blackmail him over advertising money could “go f—yourself.”“If somebody’s going to try to blackmail me with advertising, blackmail me with money. Go f—- yourself,” Musk said during an interview at the New York Times’ DealBook Summit on Wednesday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Elon Musk Says Advertising Boycott Over Posts on X Could Kill Platform 
World

Elon Musk Says Advertising Boycott Over Posts on X Could Kill Platform 

Elon Musk said that an advertising boycott over his posts that he said were misperceived as antisemitic would kill his social-media platform X.  “If somebody’s going to try to blackmail me with advertising, blackmail me with money. Go f—- yourself,” Musk said during an interview at The New York Times’ DealBook Summit on Wednesday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Teen Boys Are Falling for a Snapchat Nude-Photo Scam. Here’s How to Avoid It.
World

Teen Boys Are Falling for a Snapchat Nude-Photo Scam. Here’s How to Avoid It.

An online nude-photo scam is ensnaring thousands of teen boys and causing emotional trauma.Scammers posing as teen girls befriend boys online, share nude photos of a girl and then ask for nude photos in return. Once the boy reciprocates, the schemer demands money be sent by a peer-to-peer payment app and threatens to share the boy’s photos with his social-media followers if he doesn’t pay.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.
Money

A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.

Nov. 18, 2023 10:00 am ETThe call is coming from inside the hack.A ransomware gang claimed this past week that it broke into the systems of the fintech platform MeridianLink. The breach has been reported to regulators. The company didn’t report it, as new rules will require them to do. The hackers did.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.
World

A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.

Nov. 18, 2023 10:00 am ETThe call is coming from inside the hack.A ransomware gang claimed this past week that it broke into the systems of the fintech platform MeridianLink. The breach has been reported to regulators. The company didn’t report it, as new rules will require them to do. The hackers did.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Teen Boys Are Falling for a Snapchat Nude-Photo Scam. Here’s How to Avoid It.
Technology

Teen Boys Are Falling for a Snapchat Nude-Photo Scam. Here’s How to Avoid It.

An online nude-photo scam is ensnaring thousands of teen boys and causing emotional trauma.Scammers posing as teen girls befriend boys online, share nude photos of a girl and then ask for nude photos in return. Once the boy reciprocates, the schemer demands money be sent by a peer-to-peer payment app and threatens to share the boy’s photos with his social-media followers if he doesn’t pay.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
ICBC Hackers Used Methods Previously Flagged by U.S. Authorities
Money

ICBC Hackers Used Methods Previously Flagged by U.S. Authorities

The hackers who infiltrated the New York arm of the Industrial and Commercial Bank of China and disrupted trading in the U.S. Treasury market appeared to exploit three vulnerabilities that had been flagged by U.S. officials earlier this year.In an email sent to financial-services executives and trade groups Monday that was viewed by The Wall Street Journal, Treasury officials said that the ICBC attack stemmed from Lockbit 3.0 ransomware and two tactics that target users of services managed by Citrix, a cloud-computing company.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hackers Hit Wall Street Arm of Chinese Banking Giant ICBC
Money

Hackers Hit Wall Street Arm of Chinese Banking Giant ICBC

Updated Nov. 10, 2023 8:03 am ETA U.S. subsidiary of China’s biggest bank was hacked this week, threatening a temporary logjam for some trades in the Treasury bond market.ICBC Financial Services, a New York-based entity owned by the Industrial and Commercial Bank of China, was the victim of a ransomware attack on Wednesday. The unit largely focuses on clearing, which means ensuring that transactions previously agreed by traders go through, and on lending and borrowing through repurchase agreements—a form of collateralized funding that forms a vital part of the financial system. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8