How kidnapping insurance keeps a lid on ransom inflation

IN THE early 1970s, leftist guerrillas in Argentina discovered a lucrative new way to make money: kidnap millionaires. Panicking firms would agree to huge ransoms, more concerned with freeing their executives than driving down the fee. That was not just bad for businesses. It also became a textbook case of how poor negotiating can send […]

TVLine Items: Preacher's Return Date, Ransom Ratings, TWD Teaser and More

You better start praying because AMC has announced Preacher‘s Season 3 premiere date. Season 3 of the dark dramedy will premiere on Sunday, June 24 at 10/9c. In the upcoming season, Jesse Custer returns home to Angelville and enlists help from his friends to move on from his past, as the fate of the world depends […]

TVLine Items: Alan Cumming to Visit Doctor Who, Ransom Return and More

Alan Cumming is poised to meet the new Time Lord. The Good Wife vet will guest in a Season 11 episode of Doctor Who, which will feature new leading lady Jodie Whittaker, the actor revealed on the Homo Sapiens podcast. VIDEOSGeorge Clooney to Star in Catch-22 Limited Series Adaptation * Steve Coulter (House of Cards) and […]

Comcast accused of demanding $3.5 million “punitive ransom” from rival

(credit: Comcast) A cable company that competes against Comcast says it was forced “to pay a punitive ransom totaling nearly $ 3.5 million” in order to keep airing Comcast-owned TV programming. Wave Broadband, which has about 455,000 customers in Washington, Oregon, and California, filed a complaint against Comcast-owned networks with the Federal Communications Commission in […]

Cryptocurrency expert kidnapped for $1 million bitcoin ransom

On Tuesday, cryptocurrency expert Pavel Lerner was snatched by an armed gang wearing ski masks near his office in Ukraine. It was a kidnap-for-ransom scheme, but with a high-tech twist: instead of asking for easily traceable paper money, the kidnappers demanded to be paid $ 1 million worth of bitcoins. Turns out NY County District […]

A kidnapped crypto executive was released after paying a $1 million bitcoin ransom

LinkedIn The CEO of a UK-registered cryptocurrency exchange Exmo Finance has reportedly been released from the custody of his kidnappers after a $ 1 million bitcoin ransom payment, according to a report from the Financial Times.  Pavel Lerner was reportedly kidnapped while leaving the company’s Kiev offices.    Pavel Lerner, the CEO of cryptocurrency exchange […]

Kings’ ransom would want to be worth wait

A COUPLE of things have been grinding my gears over the last couple of weeks. Firstly, the Sydney Kings’ quixotic approach to building their roster; a breathtaking exercise in exasperating hubris. Basketball teams are like a kebab; they require a balance of unidentified mystery meat and salad. The Kings built their team with plenty of […]

HBO hackers return with exec emails and a ransom demand

After hitting the headlines last week, the hackers responsible for the HBO data breach are back. And, this time they’re demanding a ransom. On Monday, the group leaked internal emails, and multiple documents relating to Game of Thrones — including a detailed summary of the upcoming episode, due to air this Sunday. In a video […]