Thursday, March 23, 2017

Apple Responds to Hacker’s Threat to Wipe Hundreds of Millions of iPhones

What kind of low-rent criminals ask for ransom to be paid via iTunes gift cards? Really?

The hackers are using an alleged cache of stolen email accounts and passwords as leverage in an attempt to extort the world's most valuable company. They claim to have access to as many as 559 million Apple email and iCloud accounts, Vice blog Motherboard reported on Tuesday. The group, calling itself "Turkish Crime Family," said it would delete its alleged list of compromised login credentials only after Apple pays it $75,000 in cryptocurrency, either Bitcoin or rival Ether, or $100,000 worth of iTunes gift cards, Motherboard reported. The group has given Apple (aapl, -0.45%) a deadline of April 7 to meet its demands.