Insurance company served with a lawsuit for ignoring Bitcoin ransom payment

Graff, a luxury jeweler, is suing its insurance company for declining to pay Bitcoin ransom. The jeweler reportedly paid a Bitcoin ransom of $7.5 million to the Russian hacking gang Conti after the group threatened to leak data of the company’s big clients, including Middle East royalty. Graff negotiated the ransom payment with the hackers … Insurance company served with a lawsuit for ignoring Bitcoin ransom payment Read More »