Menu
The iCloud hackers' bitcoin ransom looks like a fake

The iCloud hackers' bitcoin ransom looks like a fake

The Turkish Crime Family said they'd been paid not to wipe Apple devices, but an expert says the evidence isn't real

A group of hackers who claimed to hold millions of iCloud accounts for ransom said on Friday they'd been paid. But one bitcoin expert says that's bogus.

The Turkish Crime Family grabbed headlines last month by claiming they had the stolen login credentials for more than 700 million icloud.com, me.com and mac.com accounts. They demanded increasing ransoms from Apple while threatening to wipe the data from devices connected to the affected accounts if it did not.

On Friday, the hackers tweeted that they had been paid US$480,000 in bitcoin. As proof, the group posted a link showing a transaction on Blockchain.info, a popular bitcoin wallet.

“We were told by our negotiator that we have come to a final agreement with Apple,” the hacking group tweeted prior to receiving the payment.

However, the hackers actually tweeted out a transaction to an "internal treasury operation at a bitcoin exchange," according to Jonathan Levin, co-founder at Chainalysis, a provider of anti-money laundering software for bitcoin.

"We have positively identified that the inputs and outputs of that transaction are controlled by a single bitcoin exchange," Levin said in an email. The transaction was part of an internal money deposit process at a Korean bitcoin exchange, he said.

Apple didn’t respond to a request for comment. The tech giant has said that it never suffered any such breach. The stolen login credentials that the hackers obtained appeared to come from breaches at other third-party services, Apple said.

Security researchers suspect that's true, and they believe the Turkish Crime Family has exaggerated its hacking claims.

The hacking group also didn't respond to a request for comment.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Events

Why experience is the new battleground for partners

Join us for an exclusive webinar, in association with Hewlett Packard Enterprise and Technology Services Industry Association (TSIA) and learn about the latest industry insights and how technology services continue to evolve to deliver differentiated value, and how partners can be successful in 2021 and beyond.

Featured

Slideshows

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Show Comments