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.

News
Ransomware is something the "average American" is worried about, says former cybersecurity top dog Chris Krebs
Former US Director of cybersecurity: Crypto ransomware ‘running wild’
Andrew Thurman
2021-03-27T18:14:50+00:00
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The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams.
Crypto criminals got away with $5B less in 2020 as scam revenue falls
Cyrus McNally
2021-02-17T02:57:46+00:00
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The Department of Justice has seized half a million dollars in crypto from NetWalker, in an operation that also involved Bulgarian authorities.
DoJ, Chainalysis work to break up ransomware network that targets hospitals
Kollen Post
2021-01-27T21:04:35+00:00
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Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks.
First ransomware attack in 2020 election hits voting infrastructure in Georgia
Samuel Haig
2020-10-23T05:18:29+01:00
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The U.S. Justice Department has announced sanctions against two Russians, and the arrest of two Malaysians, over separate seven-figure crypto scams.
US ramps up enforcement actions against global crypto scams
Samuel Haig
2020-09-17T04:21:55+01:00
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The United States Internal Revenue Service has announced a bounty of up to $625,000 to anyone who can crack Monero’s privacy.
The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning
Joshua Mapperson
2020-09-11T04:03:00+01:00
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There is a nationwide alert for future ransomware campaigns against Chilean companies.
Major Chilean bank shuts down all branches following ransomware attack
Felipe Erazo
2020-09-08T11:37:00+01:00
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Officials shut down border checkpoints for 4 hours on Aug. 27.
Ransomware hackers shut down Argentina’s borders, demand $4M BTC
Turner Wright
2020-09-07T21:01:00+01:00
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