Categories: Bitcoin Business

Indian IT firm Receives Threat, Sender Demands INR 500 Crore Ransom in Bitcoin

Click here to view original web page at

Wipro, one of the leading information technology and consumer goods company, is currently having a sense of deja vu after it received a threat from an anonymous source. According to Indian media reports, the threat email in which the sender demands a ransom of over INR 500 crore ($77.7 million) in Bitcoin was directed to the company’s IT division based out of Bangalore.

The email communication gives Wipro a deadline of May 25, 2017, to pay the ransom or face a biotoxin attack on one of their campuses in Bangalore. It further states that a 2-gram sample of Ricin, a potent biotoxin will be sent to one of the Wipro’s offices in the coming days.

This is not the first-time Wipro has received such threatening emails. Earlier in 2013, someone had sent a letter in which they threatened to blow up one of the company’s campuses. While the recent threat of Ricin attack and ransom demand seems to be a similar hoax, neither the company nor the law enforcement agencies are willing to take chances.

In a statement, Wipro officials have stated,

“Wipro confirms that it has filed a complaint with the local law enforcement authorities after receiving a threatening letter from an unidentified source. Wipro has augmented security measures at all its office locations. There is no impact on the company’s operations. We have no further comments as the investigation is ongoing”.

The cybercrime division of Bangalore Police is said to be investigating the origin of the email at the moment.

The sender also lists possible methods of delivery of the toxin. The list includes contamination of the company cafeteria food, dispersal through drones or on toilet seats in the facility.

The number of ransom threats involving Bitcoin and other cryptocurrencies is on the rise in the recent days. There are many occasions where people fake a ransom threat just to create chaos. All these activities have ended up giving Bitcoin a bad name, making the governments and individuals consider the cryptocurrency a threat to security and well-being. However, the cryptocurrency and its underlying technology have been making progress in the economy and technology fronts, increasing the efficiency of existing processes which have mostly gone unnoticed among the uninitiated.

Ref: NDTV | Image: NewsBTC

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Tom Lee: Another Big Leap for BTC Is Coming

Well, it looks like Tom Lee is back in the news, and when you really think about it, why shouldn’t… Read More

5 hours ago

Graeme Moore Publishes Bitcoin Book for Kids

A new book has emerged to teach children about bitcoin. Known as “B Is for Bitcoin,” the book shows children… Read More

5 hours ago

Key Technical Indicator Signals Bitcoin is Gearing Up for a Big Move

After inching higher yesterday, Bitcoin faced a somewhat strong rejection at just above $10,400, which has brought the cryptocurrency down… Read More

5 hours ago

Day Trading is a Great way to get Rekt, Study Finds

Making money in the financial or cryptocurrency world isn’t as easy as one might think. The volatility of Bitcoin and… Read More

5 hours ago

Bitcoin Is ‘The Most Extraordinary Bubble of Our Generation’ Says Trader

The next bitcoin bull market is only getting started, analyst claims. | Source: Shutterstock Bitcoin is up by almost 180%… Read More

5 hours ago

The Story Behind ‘B is for Bitcoin,’ an ABC Book for Kids

While writing B is for Bitcoin , an ABC children’s book about cryptocurrency, author Graeme Moore had an epiphany—children don’t… Read More

5 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More