It took Chinese police only four days to arrest a hacker they believe breached the servers of two Hong Kong travel agencies, stole their data, and then asked for a ransom in Bitcoin.
A North Carolina judge sentenced a Washington man this week to 37 months in prison for threatening a company with attacks unless they fire one of their employees and hire him instead.
A group of DDoS extortionists using the name of Phantom Squad has sent out a massive spam wave to thousands of companies all over the globe, threating DDoS attacks on September 30, if victims do not pay a ransom demand.
During the past week, there has been a sudden surge in online extortion campaigns, against regular users and security researchers alike.
The hackers who breached HBO's servers have declined a ransom payment of $250,000 from a top HBO exec, according to an email leaked by hackers to the press.
On Friday, US authorities arrested a man on charges of launching DDoS attacks and making death and bomb threats against several targets including Leagle.com, the Sydney Morning Herald, the Canadian Broadcasting Corporation (CBC), Metro News Canada, the official website of the Canadian government, and others.
A group of at least two hackers has tried to extort a ransom payment from the Lloyds Banking Group according to a copy of an email the hackers sent to a high-ranking executive.