General Discussion

Hello and welcome to our community! Please do share your experiences and close encounters with online financial frauds. We want everyone to get the most out of this community, so we ask that you please read and follow these guidelines:

• Respect each other

• Keep posts relevant to the forum topic
  

• No spamming
  

Discover a world of vibrant discussions and engage with like-minded enthusiasts. Find answers to burning questions and connect with our diverse community. Stay informed and stay safe!

Share your experiences and close encounters with online financial frauds.

Im sharing this to create awareness and hopefully help others avoid the same situation.

Recently, our company’s systems were compromised in a cyber attack. The attackers gained access to critical data and then contacted us demanding payment in Bitcoin in exchange for restoring the data and not misusing it further.

Under pressure and with business continuity at risk, we unfortunately paid the amount they demanded. Despite this, the attackers did not return the data, nor did they provide any valid decryption keys or proof of deletion. Communication stopped shortly after the payment was made.

Key takeaways from our experience:

• Paying a ransom does not guarantee data recovery.

• These attackers cannot be trusted, even if they promise cooperation.

I received a text message from the government stating that I was yet to pay my taxes, but I knew that I’d already done so. Turns out it was a scam so I deleted the message.