ChainCatcher news, according to Fortune, Ledger co-founder David Balland and his wife were kidnapped in Paris, with the kidnappers demanding a cryptocurrency ransom. The incident led to the arrest of 10 people.Paris prosecutor Laure Beccuau stated that David Balland and his wife were kidnapped early Tuesday morning, and they were separated and taken to different locations. The kidnappers contacted another co-founder of Ledger, demanding a ransom to be paid in cryptocurrency, part of which has already been paid to the kidnappers.French gendarmerie special forces were called in to negotiate with the kidnappers, and they subsequently tracked down Balland's location. The police successfully rescued Balland, and his wife was found a few hours later tied up inside a van. Most of the cryptocurrency used to pay the ransom has been tracked, frozen, and confiscated.Beccuau stated that Balland was taken to the hospital due to a hand injury, while his wife was not physically harmed but will receive medical supervision due to trauma.

ChainCatcher News, the U.S. Department of Health and Human Services Cybersecurity Coordination Center (HC3) recently released an overview of the Trinity ransomware targeting sensitive data. Attackers use phishing emails, malicious websites, and software vulnerabilities to trick victims into installing the ransomware on their computers. It then searches for and collects sensitive information on the computer and sends it to the hackers. The ransomware also encrypts the victim's files using algorithms, rendering them unusable.After encrypting the files, the ransomware generates a notification informing the victim that it has extracted and encrypted their data and demands a ransom in exchange for the decryption key. The notification also tells the victim that they have 24 hours to pay in cryptocurrency, or their data will be leaked.HC3 stated that the Trinity ransomware targets critical infrastructure, such as healthcare providers. The government agency reported that seven organizations have already fallen victim to this ransomware. "According to HC3, at least one healthcare facility in the U.S. has recently become a victim of the Trinity ransomware," HC3 reported.