The White House is hosting an international meeting in Washington this week to address the increasing amount of ransomware attacks globally. In addition to ransomware attacks, the meeting will also ta...
Tag: Ransomware
US Department of Justice seized $22m in Bitcoin gained from ransomware attacks
Join Our Telegram channel to stay up to date on breaking news coverage The US authorities recently confiscated $22 million in Bitcoin or around 719 BTC, that was obtained through a series of ransomwar...
$22M Worth BTC Seized by U.S DOJ From Ransomware Attacker
3 hours ago | 2 mins read Bitcoin News The inquiry led to the US Department of Justice seizing 719 Bitcoins. The convict was sentenced to 20 years of prison. For his involvement in the NetWalker ranso...
US DOJ Seizes $22M in Bitcoin From a Man Participating in Ransomware Attacks
The US Department of Justice confiscated 719 bitcoins from the 35-year-old Canadian – Sebastien Vachon-Desjardins – for participating in the NetWalker ransomware attacks. At the time of the seizure, t...
Bank of Brasilia to pay 50 BTC after a ransomware attack
Join Our Telegram channel to stay up to date on breaking news coverage The Bank of Brasilia, a government-controlled bank in Brazil, was targeted by a ransomware attack. The threat actors behind the a...
Bank of Brasilia Attacked by Ransomware Demanding 50 BTC
2 hours ago | 2 mins read Bitcoin News LockBit ransomware group has been one of the most prominent criminal organizations. The LockBit ransomware was recently updated to version 3.0. On October 3, ran...
Brazil’s BRB Bank Pays 50 BTC After Being Targeted by a Ransomware Attack
On October 3, the Bank of Brasilia, a Brazil-based bank controlled by the government, fell victim to ransomware for which a group of hackers demanded 50 BTC as a reward for not leaking its users’ data...
US Sanctions IRGC-Affiliated Hackers on Ransomware Charges
In a new move carried out by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), multiple sanctions were handed out due to the accused’s ransomware activities. Ten Individuals...
U.S OFAC Sanctions Wallet Addresses of Ransomware Group
5 hours ago | 2 mins read Bitcoin News A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sa...
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons ...
US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses
The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of ...
US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang
The United States Treasury Department, through the Office of Foreign Asset Control (OFAC), has updated its sanctions list with new targets focusing on ransomware gangs affiliated with the Iranian mili...
Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group
In brief The U.S. Treasury today announced sanctions against 10 individuals and two entities for alleged ransomware attacks. The suspects, who are allegedly connected to Iran’s Islamic Revolutionary G...
US Treasury Department blacklists Bitcoin addresses linked to Iran ransomware group
The U.S. Department of the Treasury has blacklisted seven Bitcoin wallet addresses linked to members of Iran’s Islamic Revolutionary Guard Corps (IRGC). The department said in a Sept. 14 press release...
FBI seeks Bitcoin wallet information of ransomware attackers
Three federal agencies in the United States — the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency and the Multi-State Information Sharing and Analysis Cente...
Ransomware Gangs Now Hustling Triple Extortions, Study Finds
Ransomware attackers have developed in sophistication, both in their firms-like operations and the levels of extortion they are perpetrating, according to a recent study. Cryptocurrencies could impro...
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...
Alleged Money Launderer Behind Ryuk Ransomware Attacks Extradited to the U.S. From the Netherlands – crypto.news
On Wednesday, the United States Justice Department issued a statement indicating that Denis Mihaqlovic Dubnikov, a suspected crypto money launderer, was brought to the United States from the Netherlan...
Alleged Russian Ransomware Launderer Pleads Not Guilty in US Court
A Russian national has pleaded not guilty to laundering ransom payments of more than $400,000 extorted from hospitals and healthcare providers in the U.S. Denis Mihaqloviv Dubnikov, 29, appeared befor...
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US – Bitcoin News
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was alleged...
Alleged Crypto Ransomware Money Launderer Extradited to US
Denis Dubnikov is alleged to have laundered more than $400,000 as part of a ransomware scheme involving crypto The Ryuk ransomware threat attempts to lock up systems in a bid to extract bitcoin paymen...
We All Must Be Digital Guardians
getty Every aspect of our modern human existence and activity is now supported by a cyber ecosystem — the economy, every industry, every supply chain, our food and water supply, heath care, education,...
Frequency of ransomware attacks fell with bitcoin price drop: SonicWall
The number of ransomware attacks have trended down globally in the first half of 2022, according to a report by US-based cybersecurity firm SonicWall. In the 2022 Cyber Threat Report, researchers at S...
Ransomware Growth Decreased 23% YoY amid Bearish BTC Market in H1, Report Suggests
The slump in the price of Bitcoin from about $48,000 at the beginning of the year to $20,000 at the end of June has been tagged as one of the main reasons for the decline in Ransomware activities reco...
US Seized $500K in Ransomware Payments and Crypto from North Korean Hackers
The US Justice Department has seized roughly $500,000 in digital payments and cryptocurrency from ransomware attacks launched by North Korean hackers. Deputy Attorney General Lisa Monaco said that US ...
Graff Diamonds Corp Sues Law For Failing To Pay $7.5 Million Bitcoin Ransomware
British multinational jeweler Graff Diamonds Corp has sued its insurer, The Travelers Companies, Inc for failing to cover $7.5 million in ransomware losses. The Jeweler said it paid $7.5 million to ra...
UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses
British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bi...
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain Inc. has applied for a patent for its Blockchain drive (EB Drive). As traditional data storage mainly exists on local or network hard drives is vuln...
High-End Jeweler Graff Diamonds Sues Insurer Over $7.5M Bitcoin Ransomware Payment
Famous British Jeweler Graff Diamonds Corp. has filed a lawsuit against its insurance company, The Travelers Companies Inc., over $7.5 million it spent after falling victim to a ransomware attack in S...
Canadian Netwalker Ransomware Hacker Pleads Guilty in US Court
A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than $50 million. Sebastien Vachon-Desjardins has entered into an agreement with U...
Chainalysis in Senate: record crypto payments
Yesterday, the US Senate Homeland Security and Governmental Affairs Committee (HSGAC) held a hearing, the topic of which was crypto payments for ransomware attacks. Record crypto transactions for ran...