Ransomware News

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.

Overview
Explore the inner workings of a cyberattack, and understand its stages and techniques to strengthen cybersecurity defenses.
The anatomy of a cyberattack
Alice Ivey
2023-08-04T12:07:00+01:00
1228
News
SmokeLoader, RaccoonStealer (also known as RecordBreaker) and Vidar top the charts, according to BlackBerry’s list.
BlackBerry reveals top crypto-focused malware amid rising cyber threats
Arijit Sarkar
2023-08-03T09:29:57+01:00
3324
News
Attackers of this kind are supposedly “big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.
Crypto scams are down 77% — but this exploit is making a huge comeback
Brayden Lindrea
2023-07-12T16:21:20+01:00
11407
News
The hack on Latitude Financial is Australia’s biggest cyberattack, with driver’s license numbers, passports and financial documents among the stolen information...
Push to ban ransomware payments following Australia’s biggest cyberattack
Luke Huigsloot
2023-04-12T05:46:57+01:00
8380
Video
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military suppl...
Russia-Ukraine war: How both sides of the conflict have used crypto to win
Marco Castrovilli
2023-03-05T16:21:50+00:00
5128
News
Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests.
United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser
Luke Huigsloot
2023-03-01T05:25:57+00:00
5364
News
Since Russia’s invasion a year ago, there’s been $28.9 million in Ether donated to Ukraine, as well as $22.8 million in Bitcoin and $11.6 million in Tether.
Ukraine netted $70M in crypto donations since start of Russia conflict
Brayden Lindrea
2023-02-27T01:53:56+00:00
8008
News
Since December 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing crypto...
Crypto investors under attack by new malware, reveals Cisco Talos
Arijit Sarkar
2023-02-18T10:30:00+00:00
30022

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