Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets
    • Memecoins Stir Up the Market – CryptoNinjas
    • Meme Coins Are #1 Trend in 2024
    • Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch
    • Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?
    • Bitget Token Surprises the Market by Rising 813% in 2024: Can You Predict Its 2025 Value?
    • Ethereum Price Approaches Critical Resistance: A Turning Point?
    • DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
    Coin Elites
    • Home
    • Cryptocurrency
    • Crypto News
    • Ethereum
    • Bitcoin News
    • Blockchain
    • Altcoins
    • Shop
    Coin Elites
    Home»Crypto News»Hacker Demands $2M In Bitcoin To Prevent Student Data Leak
    Crypto News

    Hacker Demands $2M In Bitcoin To Prevent Student Data Leak

    dfrancis36By dfrancis36June 20, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    This week, online reports surged of a major data leak involving data from millions of students in the US. The hacker demands a Bitcoin (BTC) payment to prevent the public from leaking sensitive information. The security breach seems to be part of a larger attack on a cloud database.

    Student Data At Risk of Being Leaked

    On Tuesday, two educational institutions from the US received a warning that sensitive information had been hacked. A hacker known as Sp1d3r announced that the data of over 4 million US students was at risk of being publicly leaked.

    The hacker claims to have stolen the information from Los Alamos Public Schools, and Edgenuity, an online learning platform. Seemingly, the information was taken from Edgenuity and LASchools.net’s Snowflake accounts.

    Sp1d3r’s ransom post warning the victims. Source: Dark Web Informer on X

    It’s worth noting that, despite the hacker’s post stating the information is from Los Angeles Schools, the website cited is from Los Alamos Public Schools, a school district in the Los Alamos area in New Mexico.  

    As reported by Bloomberg, the cloud-based data analytics firm suffered a series of “targeted” cyberattacks against Snowflake users without 2-factor authentication (2AF). Per the report, the hackers are demanding payments wavering between $300,000 and $5 million for the sensitive stolen data.

    Sp1d3r warned the victims, asking for 30 Bitcoin, around $2 million, or the students’ information would be publicized. The data includes details from millions of minors, kindergarteners to 12th-grade students, and their parents.

    Per the list, students names, addresses, financials, discipline, grades, GPAs, and performance scoring were stolen. Additionally, the hacker has the victims’ medical information and the parents’ online login credentials.

    The victims have until June 25 to make the payment in Bitcoin. Similarly, the hacker has recently issued a warning to users of the Santander Group Bank, demanding a 30 Bitcoin payment for the data of over 30 million customers in Spain, Chile, and Uruguay.

    $27 Million In Bitcoin Made By Hacker Group Leader

    The attack on Snowflake’s database has been attributed to the “UNC5537” hacking group by Google’s Madiant security business. Per the investigation, there’s a possibility that the hacking group, which is based in Turkey and the US, collaborated with another group called “Scattered Spider” for their attacks.

    The cybercriminal group seemingly consists of young adults aged 19 to 22 in the US and the UK, focusing on data theft and extortion. The hacking group was recently in the news after an alleged ring member was detained in Spain.

    Over the weekend, Murcia Today reported that a 22-year-old British was arrested in Palma de Mallorca. The man was detained under suspicion of being Scattered Spider’s ringleader.

    According to the report, Spanish authorities collaborated with the FBI to capture the man as he prepared to board a plane to Italy. The suspect entered Spain at the end of May through the Barcelona airport.

    The police stated that the detained man had made around 400 Bitcoin, worth $27 million, by stealing sensitive information from companies and selling it.

    Bitcoin, BTC, BTCUSDT

    Bitcoin is trading at $65,087 in the three-day chart. Source: BTCUSDT on TradingView

    Featured Image from Unsplash.com, Chart from TradingView.com

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    dfrancis36
    • Website

    Related Posts

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Avg Active Users Jumped 10% In 2024

    December 25, 2024

    Crypto Staking Classified As Taxable By IRS Amid Legal Dispute

    December 25, 2024

    Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why

    December 24, 2024
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch

    December 25, 2024

    Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to CoinElites.com, your premier destination for the latest news and insights in the dynamic world of cryptocurrency. Our blog is dedicated to providing you with up-to-the-minute updates and comprehensive analysis on everything related to Crypto News, Bitcoin, Ethereum, and other cryptocurrencies.

    At CoinElites.com, we understand the fast-paced nature of the crypto market and the importance of staying informed. Whether you're an experienced trader, a casual investor, or someone new to the world of digital currencies, our mission is to deliver accurate and relevant information to help you navigate the ever-evolving landscape of cryptocurrency.

    Top Insights

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Coinelites.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.