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Multinational firm paid bitcoin ransom to hackers


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.

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. He then went on to say:


“This was a very serious attack on an organisation and quite traumatic for the business, the victim and his family,”
“We are strongly urging business to ensure their computer systems are secure and protected from hackers, that they adopt a policy of not paying ransom demands and carefully consider the information posted on social media.
“Organisations need to think about putting in place a strategy to counteract or respond to these type of incidents. But the one message that I cannot stress enough is to never comply with extortion demands and report these matters to us immediately.”

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