The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat.
Ransom News
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Joe Biden said that the U.S. and Russia might have the beginnings of a "cybersecurity arrangement that begins to bring some order" within the next year.
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Government officials did not specify the exact method used to seize the funds from the ransomware group.
30007 - Expert Take
As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition.
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The USDT stablecoin issuer says it received a $23 million ransom demand payable by Monday. The deadline has since passed, and Tether isn't paying.
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A former YouTuber has been sentenced to 50 years in prison for masterminding a kidnapping that demanded $100,000 in BTC for the victim’s safety.
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An alleged “The Dark Overlord” hacking collective member has been extradited from the U.K. to face charges in the United States.
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Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week.
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Cybercriminals earned $1.2 million in Bitcoin through “sextortion” and bomb threat email scams in the last 12 months, according to a recent report.
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Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of fraud in connection with the recent coinburn.
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The kidnappers of a 13-year-old boy in South Africa have demanded a “non-negotiable” ransom of 15 BTC, worth around $120,000.
17591 Another case of fraud involving Bitcoin surfaces in India as Wipro receives a $78 mln ransom demand.
11462The banks are now coming to terms with the view that it is cheaper to pay off criminals than risk ferocious cyber attacks on a high scale.
1643According to a cyber-security survey, 33% of UK companies are buying Bitcoin in anticipation of ransomware attacks. This comes after a Canadian university paid 20,000 Canadian dollars in Bitcoin for the encryption keys to their data this week.
1355Cointelegraph stongly advises NOT to fulfill any email demands coming from scammers calling themselves the Syrian Electronic Army (SEA), a division of ISIS.
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