Tag: Ransomware
U.S. Treasury’s OFAC Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System
"The LockBit ransomware variant, like other major ransomware variants, operates in the 'ransomware-as-a-service' (RaaS) model, in which administrators [...]
US Justice Department to double its crypto team, target ransomware crimes
The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team, established two years ago. The uni [...]
U.S. Agencies Breached in Cyberattack by Russian Ransomware Group
A Russian ransomware group gained access to data from federal agencies, including the Energy Department, in an attack that exploited file transfer sof [...]
Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea
If convicted, Dubnikov would have spent up to 20 years in prison. But this February, he plead guilty to “conspiracy to commit money laundering,” and o [...]
Push to ban ransomware payments following Australia’s biggest cyber attack
The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business sufferin [...]
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs
www.coindesk.com [...]
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
The report looks into a particular case of one ransomware strain, Deadbolt, which was active in 2022. Unlike the most infamous ransomware groups like [...]
Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
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Justice Dept. Dismantles a Major Ransomware Operation
The department said it had successfully prevented victims from having to pay $130 million in ransoms to Hive, a prolific ransomware gang, before seizi [...]
US Justice Department seizes website of prolific ransomware gang Hive
The group is known to have targeted critical infrastructure and healthcare providers, extorting $100 million from victims worldwide. Breaking news [...]
Ransomware Variants Are on the Rise, But Overall Gains Decline: Chainalysis
At the same time, the number of malicious programs attackers have been using to encrypt victims’ data “exploded in 2022,” the report reads. Cybersecur [...]
Ransomware Payouts Declined in 2022: Crystal Blockchain
Victims of ransomware attacks paid hackers 4.5 times less in crypto in 2022 than in 2021, according to a new report.
www.coindesk.com [...]
White House Convenes Summit for Stopping the Spread of Ransomware
Significantly, the CRI also has committed to “take joint steps to stop ransomware actors from being able to use the cryptocurrency ecosystem to garner [...]
US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses
The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly t [...]
US Treasury Blacklists Several More Bitcoin Addresses Allegedly Tied to Iran Ransomware Attacks
The sanctioning came as U.S. government officials charged three individuals with hacking-related crimes. Alongside Mansour Ahmadi, Nikaeen Ravari and [...]