Listen to this article. The Dutch National Police have disrupted the Deadbolt ransomware group, recovering the decryption keys of 90% of victims that contacted police, according to a report by Chainal...
Tag: Ransomware
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report – Bitcoin News
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “f...
Russian Ransomware Projects Rebranded to Avoid Western Sanctions: Report
Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in 2022 to avoid sanctions from Western countries. According to a new ...
FATF Unveils New AML Plans as Ransomware Attacks Decline
Global anti-money laundering watchdog, the Financial Action Task Force, has called for greater adoption of Virtual Asset Service Provider Travel Rule to curb the flow of illicit funds using cryptocurr...
Victim of crypto ransomware? Here’s what to do
In recent days, the mainstream news channels have featured, quite sensationally, the hacker attack on a number of institutional websites, Italian and others, which hackers from all over the world alle...
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in...
Hackers Made $70m From Top 10 Ransomware Attacks
A new report by Immunefi has analyzed the top payments in response to ransomware attacks. The largest ransomware payment — where an organization pays to have their software freed from a malware attack...
Top crypto ransomware attacks extorted $69 million in bitcoin: Immunefi
Crypto ransomware payments have generated more than $69.3 million from the top 10 attacks since 2020. The $40 million paid in bitcoin by the Chicago-based insurance company CNA Financial represents 57...
FBI Infiltrated Hive Network, Blocking Over $130 Million in Crypto Ransomware
The U.S. Justice Department announced Thursday the results of a months-long operation with the Federal Bureau of Investigation that actively disrupted the activities of the Hive ransomware group, whic...
Hive Ransomware Network Dismantled by American, European Law Enforcement – Bitcoin News
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol a...
FBI Announces Takedown of Hive Ransomware Network
The FBI announced the takedown of Hive, a ransomware network with members across multiple states in Europe and North America, in a recent press release. The US agency stated that they had been on the ...
Oxford Fraudster Jailed as FBI Busts Ransomware Group
As an Oxford crypto fraudster is sentenced in the U.K., the FBI has infiltrated a global ransomware group. A former student at the Oxford University pleaded guilty to a single count of theft at Oxford...
US Justice Department seizes website of prolific ransomware gang Hive
According to United States Federal Bureau of Investigation Director Christopher Wray on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang. ...
US DoJ takes down Hive ransomware website
The United States Department of Justice (DOJ) on Jan. 26 finally caught up with the notorious Hive cryptocurrency ransomware gang and recovered over 1300 decryption keys they stole from victims since ...
Ransomware hackers responsible for Bitcoin pump – Cryptopolitan
Yet again! Fox News TV host, Tucker Carlson, put forth a fascinating conspiracy theory that attempts to connect the rising price of Bitcoin with the recent flight delays across the United States, Phil...
Fox News’ Carlson Claims Bitcoin Bump From Ransomware
Far-right commentator Tucker Carlson believes ransomware payments are behind Bitcoin’s recent rise, providing spurious evidence to back his claim. Earlier this month, a computer system error at the Fe...
Ransomware crypto revenue declines as victims refuse to pay: Chainalysis
Crypto revenue extorted by ransomware attackers fell significantly in 2022, down 40.3% to $456.8 million from $765.6 million the previous year. The trend in reduced ransomware payments was clear...
Ransomware Payments Down by 40% in 2022 as per Chainalysis Report
22 mins ago | 2 mins read Bitcoin News Ransomware attackers stole at least $456.8M in 2022, down from $765.6M in 2021. Hackers usually demand money in exchange for returning control of a computer. As ...
Ransomware Revenue Drops Amidst Less Successful Extortion Attempts: Chainalysis
2022 has been a turbulent year. One good thing to come out of it is that – ransomware earnings are significantly down. Attacks on the crypto industry remain rampant. However, data suggests that victim...
Ransomware Revenues Drop by 40%; Here’s why
The ransom revenue remained only 456.8 million USD in 2022 Previous year’s amount was whopping 766 million USD Given the crypto industry in its infancy, the nascent market remains always exposed to di...
Ransomware Payments ‘Significantly Down’ in 2022: Chainalysis
Ransomware payments are down 40.58%, according to a new report by blockchain forensics firm Chainalysis. In the report released Thursday, Chainalysis says ransomware attackers extorted at least $456.8...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes t...
Ransomware Payments Decreased By 40% In 2022, Report
As with many other sectors, the crypto industry has attracted hackers and cybercriminals. Consequently, the growing ransomware attacks and money laundering activities turned financial watchdogs on the...
Ransomware Variants Are on the Rise but Overall Gains Decline: Chainalysis
At the same time, the number of malicious programs attackers have been using to encrypt victims’ data “exploded in 2022,” the report reads. Cybersecurity firm Fortinet identified 10,666 new ransomware...
Crypto ransomware payments fall 40% in 2022
Funds collected by ransomware attacks fell to $456.8 million in 2022 from a high of $765.6 million in 2021, according to a new report from analytics firm Chainalysis. Crypto-related ransomware attacks...
Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay
Ransomware attackers extorted $456 million in 2022 compared to $765 million in 2021. In 2019, only 24% of victims refused to pay attackers, but the figure doubled recently. Attackers often send their ...
Ransomware Revenue Down Over 40% Last Year
The total amount of cryptocurrency criminals were able to steal through ransomware attacks dropped by 40% in 2022. Ransomware attackers extorted at least $457 million in cryptocurrency from victims la...
Fox News host credits Bitcoin pump to ransomware hackers
Fox News host Tucker Carlson theorized that recent bullish market moves were due to the U.S. government buying Bitcoin to pay ransomware attackers. Specifically, Carlson linked the recent grounding of...
Major Media House Hit With Ransomware Attack
The Guardian has been hacked most likely a ransomware. In such incidents the hacker takes control and then make demands to restore the accounts. These demands are made to make payment in crypto genera...
Chinese Tesla Rival Falls Victim to Bitcoin Ransomware Attack
Alex Dovbnya Chinese Tesla competitor Nio has disclosed major ransomware attack Chinese electric vehicle manufacturer Nio recently revealed a major data breach that exposed certain confidential custom...
Indian Hospital Hit with Bitcoin Ransomware Attack
Alex Dovbnya All India Institute of Medical Sciences (AIIMS), major medical and research university, has fallen victim to ransomware attack All India Institute of Medical Sciences (AIIMS), a major med...
White House Convenes Summit for Stopping the Spread of Ransomware
Significantly, the CRI also has committed to “take joint steps to stop ransomware actors from being able to use the cryptocurrency ecosystem to garner payment.” This would include sharing information ...