The federal police were called after a Sydney startup was blackmailed with hacked customer data

Tony Yoo reports:

A Sydney startup has had its customer data stolen with the hackers threatening to publish the information unless bitcoins are paid out.

Customers of ticketing platform Qnect, which is widely used by the university sector for organising social events, this week received SMS messages stating that their personal data has been stolen and urged the recipient to pressure co-founder Ryan Chen and chief technology officer Ruslan Starikov into paying the ransom.

Read more on Business Insider Australia.

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