Tag: Ransomware
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 [...]
FBI seeks Bitcoin wallet information of ransomware attackers
Three federal agencies in the United States — the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency and the [...]
Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing
"These malign actors almost exclusively demand cryptocurrencies when extorting large sums of money, because they can take steps to obscure their trans [...]
Ransomware Gang Extorted 725 BTC in One Attack, On-Chain Sleuths Find
The infamous Conti ring’s internal messages, leaked in February, served as a jumping-off point for a new transaction analysis by Crystal Blockchain.
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Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%
A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in [...]
Canadian Police Seize $28M in Bitcoin, Extradite Alleged Affiliate of Ransomware Gang
Vachon-Desjardins allegedly operated as an “affiliate” of the NetWalker ransomware gang, which sells “Ransomware-as-a-Service” (RaaS) to affiliates li [...]
US Agencies Seized Around $30M of Crypto Related to NetWalker Ransomware Last Year
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Want to weed out ransomware? Regulate crypto exchanges
Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers c [...]
Russia-Affiliated Addresses Received 74% of Ransomware Revenue Last Year: Chainalysis
Almost three-quarters of revenue from ransomware attacks last year, or $400 million, went to addresses that are “highly likely” to be affiliated with [...]
74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021
According to a new report published by blockchain analytics firm Chainalysis on Monday, approximately 74%, or over $400 million USD, of ransomware rev [...]