A Chainalysis report has noted the rising levels of ransomware scams that have siphoned away around $1.3 billion worth of cryptocurrency over the past two years. Ransomware Attacks On The Rise Accord...
Tag: Ransomware
2022 would witness a spike in crypto ransomware payments
Crypto ransomware payments are one of the most common and serious cyber attacks. These attacks have been soaring in terms of counts as well as severity. According to few data and reports, we have obse...
Ransomware Attacks Grew To $602 Million In 2021, Report
A blockchain research firm, Chainalysis, revealed crypto-ransomware attacks of 2021 racked up $602 million in Bitcoin and other currencies, and that figure could be even higher. In addition, the repor...
Crypto Ransomware Tallied at Least $602M But Actual Figures Could Be Higher: Chainalysis
Chainalysis has identified more than $602 million worth of ransomware payments in 2021. But the firm is confident that the figure is still an “underestimate” and that the true total for the year is li...
As crypto ransomware payments hit $602M in 2021, here’s how 2022 can be worse
One of the most common and serious cyber-attacks involves ransomware. These attacks have been increasing not only in number but also in severity. In the first half of 2020, average ransomware payments...
Ransomware Payments Hit At Least $600M in 2021: Chainalysis Report
As of 2021, the number of ransomware cryptocurrency payments nearly doubled, hitting an estimated $602 million, according to Chainalysis. In its latest report published on February 10, Chainalysis not...
Report: Crypto ransomware payments in 2021 was over $600 million
Cybercriminals are receiving a high percentage of their payments in Bitcoin and Monero, according to a Chainalysis report. The Crypto Crime Report examines the prevalence of illegal activities in the...
Ransomware Payments in 2020 Were Nearly Double Initial Chainalysis Estimates
Chainalysis updated its estimate of 2020 ransomware payments from $350 million to $692 million, with an initial estimate of $602 million for 2021. In its latest report, Chainalysis noted that it updat...
Ransomware crypto payments hit at least $602M last year: Chainalysis
A new report estimates that ransomware payments tallied at least $602 million in 2021 — but the actual total could be much higher. Blockchain analysis firm Chainalysis released new data on Feb. 10 ab...
Ransomware Payments in Bitcoin and Other Crypto Hit at Least $600M in 2021: Chainalysis
In brief For now, Chainalysis estimates $602 million in ransomware payments from 2021—less than for 2020. But it expects the final number to rise substantially. Chainalysis—a blockchain data firm—has ...
Escalation on Ukrainian border leads to spike in ransomware and data leaks against Russia and Belarus
A wave of ransomware and data extraction attacks is building alongside Russian troops on the Ukrainian border. On January 24, a Belarusian hacktivist group called “Cyber Partisans” announced that it ...
Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks
Ransomware has become the biggest threat to online security, affecting all industries connected to the internet – from supply chains, to healthcare institutions. Therefore, a critical part of Binance’...
Russia Takes Down REvil Crypto Ransomware Group
The Federal Security Service (FSB)—Russia’s domestic intelligence service—has said it has dismantled the REvil ransomware group at the request of the United States. The FSB reportedly conducted an ope...
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members – Bitcoin News
Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand o...
Russia Nabs Colonial Pipeline Hacker In Raids On Ransomware Ring, U.S. Says
Topline Russia’s Federal Security Service (FSB) arrested a hacker believed to be responsible for a May cyberattack on the Colonial Pipeline, a fuel pipeline running from Texas to New York, the Biden a...