Johannesburg, South Africa, was hacked and hackers demanded a ransom for bitcoins.

The authorities have given the highest priority to preventing any leakage of information.

It is for this reason that cyber security experts in South Africa have taken steps to enhance security measures and reduce the potential impact of leaking information about registrants on the site.

According to source The investigation will take about 24 hours.

Accordingly, during this period, customers will not be able to use electronic services or use the call center or customer service centers until the investigation is completed.

Hackers and hackers calling themselves the “Killer Shadow Hackers” took responsibility and demanded 4 bitcoins as ransom, equivalent to about $36,000.

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If the ransom is not paid by October 28, the hackers have threatened that they will publicly release sensitive data about users on the Internet.

To counter the threats, the cyber security experts have started their work and are handling the situation very carefully due to the hacker threats.

However, if the ransom is paid, the hackers claim that they will tell the IT department how they hacked the site and what vulnerabilities should be fixed for future reference.

As the hackers wrote on the site:

If you do not pay on time, we will publish the full details on the Internet.

If you pay on time, we will destroy all the data we have, and send you a full technical report on how we hacked your systems and your security holes.

They also provided the email at the end of the message in case there was any confusion and there was a need to contact.

As the picture below shows:

The incident referred to in this thread is one such illicit example that the Securities and Exchange Commission and other regulatory authorities are suspicious of cryptocurrencies and their uses.

Read:Hackers steal more than 200 million dollars from trading platforms, including platforms in the Middle East

Especially in this case of fraudulent people using crypto to their advantage.

Accordingly, it becomes necessary to establish policies and regulations that monitor all these activities.

Besides possible incidents of money laundering and terrorist financing along with other INGOs and fraud projects while keeping the decentralized nature of crypto intact.

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