Questions tagged [$us70 million]

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CryptoGladiator CryptoGladiator Wed Jul 17 2024 | 7 answers 1418

Why are hackers demanding $US70 million in Bitcoin for a 'gargantuan' attack?

Could you elaborate on the motives behind hackers demanding a staggering $US70 million in Bitcoin for an alleged 'gargantuan' attack? What kind of attack is being referenced, and why is the ransom so significant? What are the potential implications for those targeted, and how do hackers typically justify such astronomical demands? Furthermore, what measures can be taken to mitigate the risk of such attacks, and what are the prospects for successfully recovering funds once a ransom has been paid? Understanding the dynamics behind these high-profile hacking incidents is crucial for safeguarding against similar threats in the future.

Why are hackers demanding $US70 million in Bitcoin for a 'gargantuan' attack?

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