The U.S. Justice Department has announced sanctions against two Russians, and the arrest of two Malaysians, over separate seven-figure crypto scams.
Ransomware is a type of malicious software made for the extortion of money. In principle, the software works by blocking the whole computer system or access to a user’s data through file encryption and then demands a ransom from the victim. Ransomware attacks are mainly target large organizations, as they have a large amount of valuable information and are ready to pay for it. Currently, as cryptocurrency has become one of the most convenient and fastest ways of payment, a lot of companies buy digital currencies in order to escape quickly from a ransomware attack. Bitcoin has also become one of the most popular currencies that is demanded by extorters as payment because of its relative anonymity and speed of transactions.
The United States Internal Revenue Service has announced a bounty of up to $625,000 to anyone who can crack Monero’s privacy.446307
There is a nationwide alert for future ransomware campaigns against Chilean companies.7464
Officials shut down border checkpoints for 4 hours on Aug. 27.17652
As the Ryuk ransomware continues to wreak havoc, tracking ransomware payments has become critical in stopping criminals from cashing out.14167
The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla.8703
Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives.4481
This is one instance where the ransomware gang got away with it.7488
With the global COVID-19 pandemic redefining how people work and learn, the possibility of an increase in ransomware attacks is very high.4021
New details reveal the unusual strategies employed by ransomware negotiators in a recent attack on the University of California.6166
Jack Daniels says it successfully fended off the attack, but the REvil ransomware gang has put stolen data up for auction on the darknet.5600
Crypto crime joins the gig economy.6028
Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic.2788
The DoppelPaymer gang deployed a ransomware attack against ventilator manufacturer Boyce Technologies amid the COVID-19 pandemic.6146
The Maze ransomware group appears to be behind a recent cyberattack launched against Canon.5707