UK Regulator Advises Charities against Paying Bitcoin Ransoms to Avoid Cyberattacks

The Charity Commission in the United Kingdom has issued an alert toward all charities about an extortionist group demanding between £300 – £500 in bitcoin (approx. 1.03 to 1.72 BTC) or face cyberattacks, if the ransom isn’t paid up. In an alert issued toward UK-based charities today, the Charity Commission has revealed that a cyber-extortion group […]