Bitcoin ransomware defrauds over 250 companies for $42m

Bitcoin ransomware defrauds over 250 companies for $42m

Federal Bureau of Investigation officials warn the public about the spread of Akira ransomware.

According to an FBI statement, Akira Bitcoin (BTC) ransomware caused multi-million dollar losses to various companies and organizations in North America, Europe, and Australia.

Malicious software gains access to enterprise infrastructure through a VPN, accessing software without multi-factor authentication. Akira then steals confidential data and essential information, blocking access to the system. Next, a message demanding a ransom is displayed on the screen. Hackers use Bitcoin as a payment method.

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