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ADAM ADLER ALERT: New Data Breach Extortion Campaign "Paying without any actual breach"



For professional consultation on how to prevent the next ransomware attack's damages, please contact our cyber defense experts at info@digitalbank.capital or visit us at www.DigitalBankVault.com

Scammers are looking to capitalize on the extortion campaigns being conducted by the Maze ransomware gang and others by demanding thousands of dollars in ransom to not release data they claim to have exfiltrated from their target when in fact no attack took place and no data was removed.


The scammers have been attempting this ruse over the last few months, seeking to extort payments of $1,500 to $3,000 paid in bitcoin.


The claim made on ransom notes is: "Please forward this email to someone in your company who is allowed to make important decisions! We have hacked your website and extracted your databases."


About five victims have fallen for this scam so far. It's not clear when this particular fraud scheme started, but it remains active, according to the report.


One of the wallets linked to the attack has received close to $2,000 worth of payments in bitcoins. Another wallet used in this scam, which has not yet received payments, has already been reported for abuse 81 times


Capitalizing on a Trend


These new extortion attempts are rooted in the latest trends set by ransomware threat actors. In late 2019, Maze led a major transformation of how ransomware gangs function when it began exfiltrating data from its victims and then threatened to make the data public if the ransom was not paid. Many other gangs quickly adopted the same extortion tactic.


Social engineering is all about deception based on information that you may not possess. These emotional lures, combined with limited understanding of how to verify their claims, may cause organizations to fall victim to these types of scams.


We have seen ransomware campaigns where data exfiltration was claimed and the ransomware deployed included no exfiltration mechanism whatsoever. If a criminal is alleging to have your sensitive data, you should first identify evidence that they have your data, or that exfiltration from your network has occurred


For professional consultation on how to prevent the next ransomware attack's damages, please contact our cyber defense experts at info@digitalbank.capital or visit us at www.DigitalBankVault.com



CEOs from leading corporations worldwide are using the DigitalBank Vault Encryption System for securing ultra privacy over their communications (text, audio, and video messaging, emails) and confidential cloud file storage.




Adam Adler is a serial entrepreneur with over 18 years of experience all at top-level management and ownership. Primarily investing his own capital and building brands from the ground up. At the early age of 4, Adam began his tennis career at the world-renown Rick Macci Tennis Academy in South Florida. Adam remained a highly ranked Junior Tennis player for his entire junior career. Once completing high school, Mr. Adler received a scholarship to play tennis at the University of South Carolina and graduated in 2007 Magna Cum Laude from USC, double majoring in Sports & Entertainment Management and Business. While at USC, Adam began his career by developing a patented algorithmic software as the base for his social networking company, Ultimate Social Networking Inc (USNI), and developing Ultimate College Model, seeing this to acquisition.


Adam’s love for completion never waned. Adam began playing poker in his free time and quickly became entrenched in the game, studying hours a day. Adam traveled around the country playing in some of the highest stakes No Limit and Pot Limit Omaha cash games in the world. Adam has made multiple World Series of Poker Final Tables, with his most notable finish coming in 2018 with a runner-up finish in the$10,000 Turbo Event. Adam has won millions of dollars in both cash game and tournament poker over the last 15 years. Adam’s second venture began with assembling a team of the best molecular scientists, mostly Merck and Amgen biochemists and formulators, and building out a multi-million dollar, 30,000 sq. ft. FDA/cGMP approved facility in Oxnard CA.


This is where Adam’s passion for biotech really began. His sports background allowed him to take this brand and bring in global icons around a strategic marketing plan activating the world’s most iconic athletes and celebrities. Adam developed this revolutionary technology in 2009. Using sublingual, buccal mucosal, and transdermal absorption directly to the bloodstream, by-passing the GI tract, Adam’s company Fuse Science completely changed the way consumers receive vitamins, electrolytes, nutrients, and medicines. Going direct to the bloodstream, bypassing the GI Tract, the platform technology was a game-changer. Adam self-funded this company privately for over 2 years, developing the product line and securing the IP. As Chief Executive Officer, Adam grew the company rapidly, seeing its market cap increase from $500,000 to over $100,000,000.


Adam put together one of the most impressive lists of athlete partners on the planet, signing Tiger Woods (including the rights to his bag for 5 years), Andy Murray, Tyson Chandler, Paul Pierce, Big Papi David Ortiz, Jose Bautista, Arian Foster, Paul Rodriguez, and many others. Adam’s deep-rooted relationships with the world’s top athletes and celebrities are his core group of friends along with business partners.


Adam's handpicked a Fortune25 management team, hiring the President of SC Johnson, CEO of Footlocker, Chief Scientific Officer for Johnson & Johnson, Clinical Director at Merck, Head of Duke Sports Medicine, and had over 100 employees. Adam brought Daymond John and Shark Branding in as partners as well. Adam has placed products in over 100,000locations, including Walgreens, CVS, Sports Authority, Dick’s, Duane Reade, 7-11, GNC, Walmart, Target, Costco, Vitamin Shoppe, and many others. Mr. Adler is currently managing The Adler Fund, investing in real-estate emerging growth companies with a focus on cybersecurity, cannabis, and biotechnology.


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