Cybersecurity incident
Date: 2021-03-02 00:00:00
Affected organization: Tether
Affected country: United States of America
Industry: Finance and Insurance
Event type: Mixed
Event subtype: Data Attack,Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: Controversial cryptocurrency developer Tether says it will not give in to extortionists who are demanding a 500 Bitcoin ransom payment (currently worth approximately US $24 million).