Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service

Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service
фото показано с : btcmanager.com

2018-7-29 09:00

Two malicious coders who orchestrated a ransomware attack on 1,259 computers demanding bitcoin back in 2015 have finally been sentenced to 240 hours of community service by a Rotterdam court, according to a local news source NU on July 26, 2018.

Community Service not Jail Term

Two brothers, Melvin and Dennis van de B. have been ordered by a Rotterdam court to carry out 240 hours community service. The punishment is a result of hijacking more than a thousand computers in Europe, the U.S., and the U.K. between 2014 and 2015 and demanding for a cryptocurrency ransom.

Per NU, the cyberpunks aged 21 and 25, infected victims’ personal computers with the CoinVault hostess malware and demanded one bitcoin at the time. Although the price of bitcoin was just around several hundred euros at the time, the criminals were able to make 10,000 euros each as several victims paid the requested ransom.

Kaspersky to the Rescue

According to sources close to the matter, law enforcement agents wouldn’t have been able to get hold of the hackers if not for the help of cybersecurity firm, Kaspersky. Kaspersky researchers were able to get the personal details of the pirates through the “source code on the computer of one of the suspects.”

Armed with the names of one of the bad actors, the “Team High Tech Crime” of the Dutch police were able to link the names to the IP address of the criminals and arrested them in 2015.

Once the criminals were apprehended, Kaspersky created nearly 15,000 digital keys to help some victims who hadn’t paid the ransom to regain access to files on their computers.

Cyberpunks Pardoned

It’s worthy of note that the Dutch Public Prosecution Service (OM) had earlier ruled that the hackers would be sentenced to one year in prison along with the 240 hours of community service mentioned above.

However, after discovering that the men had no previous criminal records, coupled with the fact that they fully cooperated with investigators since their arrest in 2015, the Dutch prosecutors decided to waive the jail term, but have ordered the fraudsters to compensate victims and complete the 240 community service hours.

While there have been fewer cases of ransomware attacks since the WannaCry ransomware menace held thousands of computers hostage in May 2017, the Dutch court’s decision to give the perpetrators of this crime a minimal punishment may as well serve as an encouragement to other criminals.

In related news, BTCManager informed that cybersecurity giants, McAfee had released a report suggesting that the rate of cryptojacking had increased by 629 percent in 2018 as compared to last year.

The post Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service appeared first on BTCMANAGER.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Цена в час новости $ 6.64473 (-70.47%)

service community hours 240 ransomware bitcoin dutch

service community → Результатов: 50


Фото:

The ProtonMail Email Service May Be Working On An ICO

ProtonMail, which is one of the most prominent end-to-end encrypted email providers, has recently dropped hints that it may be working on an initial coin offering (ICO). The email provider, which was founded by three scientists at CERN, one of the ambitious projects in human history, has gained widespread support from the cryptocurrency community, as […] The post The ProtonMail Email Service May Be Working On An ICO appeared first on Ethereum World News.

2018-7-24 22:47


Фото:

Today Alibabacoin Released their much anticipated Cryptocurrency App

Today, the famed Alibabacoin Foundation released their highly-anticipated Multicrypto Wallet in response to the overwhelming community support for the project. The Multicrypto Wallet is the one of the cryptocurrency wallet in the world that can store, secure, and exchange 10 unique cryptocurrencies simultaneously, all with the convenience and protection of a blockchain integrated facial recognition service—another world first.

2018-7-3 15:01


Фото:

Betting On Augur: 8 Reasons To Be Bullish On REP

Augur (REP) will be the talk of the cryptocurrency community when they go live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the […] The post Betting On Augur: 8 Reasons To Be Bullish On REP appeared first on Crypto Briefing.

2018-6-22 19:11


Crypto Companies Start Censoring on Medium, the Latest Platform to Censor

Blogging service Medium joins a long list of platforms to have clamped down on crypto content together with Facebook, Google, and Mailchimp. Also read: Freedom of the Press Foundation Now Accepts Five Cryptocurrencies Medium Wields the Banhammer on Bug Bounties Medium is the crypto community’s platform of choice for long reads and thought leadership pieces. In

2018-6-20 21:25


Bancor announces a new crypto-economic model for the Kenyan community!

Bancor, on June 18th, tweeted the launch of a new blockchain service in Kenya to design a decentralized financial system that promotes fair wealth distribution among the people. Bancor’s recent tweet: Bancor’s recent tweet | Source: Twitter The working of this system involves the creation of “community currencies”; this will elevate peer-to-peer trade and therefore […]

2018-6-20 19:55