Iran-backed hacker demanded 80 bitcoin in anti-Israeli ransom note

A group of anonymous hackers that recently attempted to extort nearly $2 million in bitcoin from a prominent Israeli university is linked to Iranian security services, reports local outlet i24NEWS. In...

FBI Infiltrates Hive Network, Foils $130M in Ransom Demands

FBI infiltrates a ransomware gang to help 300 victims and thwarts extortion of over $130 million. Hive Network targeted hospitals, schools, and banking in over 80 countries. The FBI says the operation...

Hackers Hit Romanian Hospital, Demand Bitcoin Ransom – Bitcoin News

A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting...

Crypto Ransom Demanded to Restore Compromised Servers of Indian Hospital: Report 

India’s largest and most advanced government-run hospital, more popularly known by its acronym AIIMS (The All India Institute of Medical Sciences), suffered a hack of its servers on November 23.  Even...

Hackers Release L.A. School District Data Over Failure To Pay Ransom, Officials Say

Topline Hackers on Saturday leaked data stolen from the Los Angeles Unified School District—the second-largest public school system in the country—after officials refused to pay a ransom to the group ...

Alleged Russian ransomware hacker extradited from Netherlands to US

A Russian citizen and alleged participant in Ryuk ransomware attacks has been extradited from the Netherlands for trial in the US.   Denis Mihaqlovic Dubnikov and his co-conspirators allegedly launder...

DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers – Regulation Bitcoin News

The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorn...

FBI Seizes $500K in Crypto and Ransom Payments From North Korean Hackers

The FBI and U.S. Justice Department last year thwarted attempts by North Korean state-sponsored hackers to cripple an American hospital—seizing $500,000 in cryptocurrency and ransom payments in the pr...

Bitcoin Ransom Payment Left Uninsured In U.K.

A British diamond setter has sued its insurance agency for declining to cover a bitcoin ransom installment of $7.5 million.  The gem specialist paid the programmers to keep delicate client information...

Insurance company served with a lawsuit for ignoring Bitcoin ransom payment

Graff, a luxury jeweler, is suing its insurance company for declining to pay Bitcoin ransom. The jeweler reportedly paid a Bitcoin ransom of $7.5 million to the Russian hacking gang Conti after the gr...

Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment – Featured Bitcoin News

A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. I...

Maastricht University to recover double the BTC ransom paid in 2019

Maastricht University (UM) is anticipating the return of roughly half a million euros’ worth of Bitcoin (BTC.) This follows a successful resolution of the infamous ransomware assault in December 2019....

Dutch University set to recover more than twice the paid BTC ransom in 2019

Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019. In 2...

Dutch University recovers Bitcoin ransom payment worth 12x original value

After paying a ransom in Bitcoin (BTC) to regain access to data that was stolen by ransomware, a university in the Netherlands was able to retrieve the cryptocurrency and make a sizeable profit off of...

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino

The chief technology officer of stablecoin issuer Tether says the firm was hit with a ransom demand amid a distributed denial of service attack (DDoS). Tether executive Paolo Ardoino says that the com...

EU fears of being held to ransom by Russia over gas become a reality

Russia cutting gas supplies to Europe has long been one of the EU’s greatest fears. This week it became a reality. Moscow has blamed the decision to restrict volumes on the Nord Stream 1 pipeline to G...

Monero Becomes First Choice Of Ransom Payments: “double extortion” Ransomware Attacks Increases By 500%

CipherTrace, a blockchain analytics firm, has revealed the growing influence of privacy-focused crypto assets such as Monero in the growth of ransomware.  The report titled “Current Trends in Ransomwa...

Report: Ransomware groups show preference for Monero, charge more for Bitcoin ransom

Ransomware attackers prefer to receive their ransom payment in a popular privacy token, Monero (XMR), due to its ability to obfuscate sending and receiving wallets, according to a report by blockchain...

China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment – Regulation Bitcoin News

Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have o...

Hacker attack on Italian railway company, ransom in Bitcoin

Trenitalia and Ferrovie dello Stato, the companies that operate rail transport in Italy, have been hit by a ransomware hacker attack demanding a ransom in Bitcoin.  Ferrovie dello Stato hacker attack:...