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
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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News
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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News
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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News
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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News
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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Analysis
As the Ryuk ransomware continues to wreak havoc, tracking ransomware payments has become critical in stopping criminals from cashing out.
The mischievous Ryuk: Combatting the ‘Death Note’-inspired ransomware
Gareth Jenkinson
2020-09-02T15:13:49+01:00
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News
The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla.
FBI and Tesla thwart $4 million Bitcoin ransomware plot
Marie Huillet
2020-08-28T10:54:00+01:00
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News
Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives.
Report suggests $1 million of ransomed Bitcoin was cashed out on Binance
Jack Martin
2020-08-24T13:02:00+01:00
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