Posted on 03/23/2017 12:34:44 PM PDT by Swordmaker
Apple is reassuring customers that its systems have not been breached while a hacker, or hackers, threaten to remotely wipe hundreds of millions iPhones of all their data, including photos, videos, and messages.
The hackers are using an alleged cache of stolen email accounts and passwords as leverage in an attempt to extort the world's most valuable company. They claim to have access to as many as 559 million Apple email and iCloud accounts, Vice blog Motherboard reported on Tuesday.
The group, calling itself "Turkish Crime Family," said it would delete its alleged list of compromised login credentials only after Apple pays it $75,000 in cryptocurrency, either Bitcoin or rival Ether, or $100,000 worth of iTunes gift cards, Motherboard reported. The group has given Apple (AAPL, -0.33%) a deadline of April 7 to meet its demands.
(Excerpt) Read more at fortune.com ...
“...only after Apple pays it $75,000 in cryptocurrency, either Bitcoin or rival Ether, or $100,000 worth of iTunes gift cards”
Even 1960s-era Doctor Evil set his sights a little higher than $100,000
tells you how little these guys get paid in their day jobs
Some 14 year-old somewhere in Europe.....................
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Adam Schiff I sure the British told him it was Russians
They wouldn’t be announcing this at all if the threat were remotely true whatsoever. No worries, folks.
This is a hilarious demand, if you think about it.
Because every real criminal knows that iTunes gift cards are untraceable!
Making Apple capitulate for something as small as 75K to Apple sets them up for a much larger grab in the future. Once it has been done the next time it will be even easier to capitulate. Apple may be a left leaning company but give them kudos for not capitulating to this demand nor matter how small the pittance is.
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