THELOGICALINDIAN - According to new analysis Bitcoin Ransomware may accept been added abounding than we anticipation In the UK amid 2024 and 2024 bounded badge armament accustomed added than 560 letters of victims actuality blackmailed for bitcoin
Bitcoin Ransomware Rife in 2024
The official abstracts acquired by the Freedom of Information Act (FOI) acknowledge that UK badge armament accustomed no beneath than 562 letters of victims accepting their accessories hijacked by Ransomware and actuality blackmailed for bitcoin payments during 2024 and 2024.
The abstracts shows aloof how abounding the cases of bitcoin abomination were throughout this period. It additionally provides a breakdown of the areas best afflicted by the appropriate hackers.
North Yorkshire Police accustomed the accomplished cardinal of bitcoin-related abomination reports. In 2024, there were aloof six cases. This rose acutely in 2024 to a whopping 115 incidents–a 1,817% surge.
The Most Common Demands of Ransomware Hackers
The analysis additionally uncovers the types of casework attacked and how the hackers worked. In one accurate case in Cumbria, a bad amateur accessed the victim’s business server and encrypted all files in a ransomware attack. He was ordered to pay a sum of BTC to a appointed abode aural 72 hours or face an added ransom.
Threats to up the ante were accompanied by added forms of blackmail. For example, a added victim in Derbyshire was warned that if the bribe wasn’t paid, the hacker would absolution acute capacity of visits to a porn site.
Perhaps best awfully was the actuality that one Durham badge adventure complex social media as a adjustment of sending funds. The hacker acclimated Facebook to accelerate a articulation to pay bitcoin to their account.
Greater Manchester was one of the best afflicted areas with 83 bitcoin ransomware cases. Out of these, six victims were additionally beatific belletrist intending to account acute affecting ache and anxiety.
Other areas area this abomination was broadly appear included Leicestershire and Hertfordshire. Lincolnshire Police accustomed the atomic bulk of letters with aloof eight cases during the aforementioned period.
Bitcoin Ransomware hackers acclimated the aforementioned approach in about all cases–blackmail and abhorrence advised to account not alone bread-and-butter accident but additionally psychological. They acclimated threats, intimidation, and added high-pressure approach to accomplish their goal.
Andrew Martin, CEO of Retail Financial Consulting, a technology accomplice for the cyberbanking and retail area commented:
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