2020-10-21 13:01 |
The U.S. Treasury Department has outlawed certain ransomware payments. If it was serious, it would go further, says our columnist.
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Blockchain forensics firm Chainalysis says ransomware attacks involving payments decreased by 46% in 2023. As the ransomware market becomes increasingly saturated with new schemes due to lower barriers-to-entry, executing profitable attacks involving crypto payments has become a challenging thing, according…
2024-5-6 15:01 | |
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Leaders from G7 intergovernmental economic organization cautioned against global surge in ransomware attacks that involved crypto payments as ransom money. These ransomware attackers often demanded paThe post G7 'concerned' about increasing cybercrimes that demand crypto ransoms appeared first on AMBCrypto.
2020-10-14 22:30 | |
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As the Ryuk ransomware continues to wreak havoc, tracking ransomware payments has become critical in stopping criminals from cashing out.
2020-9-2 17:13 | |
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US-based electric carmaker Tesla working closely with the Federal Bureau of Investigations (FBI) has thwarted a planned ransomware attack that involved millions worth of Bitcoin payments. According to a complaint that was filed by the FBI, the attackers were targeting Tesla’s Gigafactory situated in Nevada.
2020-8-29 23:51 | |
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Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.
2020-8-25 17:23 | |
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Is it possible to track individual Bitcoin (BTC) ‘coins’ across the blockchain or are BTC units indistinguishable from each other? While some organizations pay significant sums for Bitcoin ransomware attacks, others question whether these payments can actually be tracked.
2020-7-15 19:57 | |
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The study from Check Point reveals that cybercriminals are using the FBI’s name to collect ransom payments
2020-4-29 22:36 | |
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Revenue generated by ransomware attacks fell dramatically in March as COVID-19 lockdown measures spread around the world. The drop is somewhat curious considering attackers have never wielded such leverage; medical care facilities are stretched close to their limits in many countries.
2020-4-19 12:35 | |
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Ransomware attacks and similar extortion schemes took in an estimated $144 million in the course of 7 years. FBI estimates show most of the ransoms were paid in Bitcoin (BTC) and went straight to mixers or exchanges.
2020-2-27 19:00 | |
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Ransomware began to take off with the expansion of the net (easier electronic ransom payments) and advances in cryptography technology. Encryption could be a means of securing information from unauthorized access through an encoding method.
2019-9-30 18:28 | |
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A second town in Florida has paid over $500,000 in Bitcoin to hackers following a ransomware attack. Officials in Lake City paid the hackers after their computer systems were down for two weeks.
2019-6-27 17:13 | |
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By CCN Markets: Hackers who paralyzed Florida’s Riviera Beach City’s IT infrastructure are about to laugh all the way to the bank. This is after the Riviera Beach City Council voted to authorize the city’s insurer to meet the ransom demands of the hackers who planted ransomware in the city’s computer systems.
2019-6-21 18:29 | |
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Hackers in the cryptocurrency world are willing to go to great lengths to get their funds, especially when hidden attacks are not their preference. There have been many ransomware attacks, but recent actions against a small Kansas town are taking a much more personal approach.
2019-4-24 02:31 | |
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A report published by Coveware, a company that assists ransomware victims in facilitating cryptocurrency ransom payments, claims that ransom amounts requested following cyber attacks increased by 90% in Q1 of 2019 as compared to Q4 of 2018.
2019-4-23 13:09 | |
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Bitcoin continues to account for the lion’s share of crypto-denominated ransomware payments — 98% as compared with just 2% for privacy coins like dash and monero
2019-4-20 20:22 | |
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Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency.
2019-4-19 21:17 | |
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Known as the go-to company for international payments solutions online, PayPal has since been officially awarded the patent for a unique method that would be able to detect specific kinds of cryptocurrency malware and mitigate the effects it may have.
2019-4-18 19:27 | |
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Ransomware attacks are still doing the rounds and one in particular appears to be gaining pace. Cryptocurrency payments made to ransomware attackers increased nearly 90 percent in Q1 2019 over the previous quarter, according to ransomware support firm Coveware’s latest report.
2019-4-18 16:00 | |
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Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.
2019-4-18 15:00 | |
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Boston public defenders suffered a ransomware attack some weeks back but have chosen not to send the bitcoin demanded by the attacker. Instead, they decided to use back-ups to restore services. The Committee oversees public defenders in Boston.
2019-3-15 20:33 | |
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For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.
2018-11-29 21:41 | |
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Officials report that the Port of San Diego has been hit with a ransomware attack demanding Bitcoin payments. Port CEO Randa Congiglio told ABC that a fraction of the port’s information technology systems were compromised before staff members shut down other systems out of caution.
2018-9-30 05:09 | |
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Although ransomware attacks seem to create a lot fewer media headlines these days, there are still plenty of concerns out there. The Ryuk malware is quite potent and is mainly designed to target large corporations around the world.
2018-8-23 20:00 | |
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The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday. Melvin and Dennis van de B., aged 25 and 21, were convicted of accusing 1,259 computers in the Netherlands and other Western European countries with the ransomware and demanding bitcoin payments as a
2018-7-27 00:57 | |
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The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.
2018-6-28 10:10 | |
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US Senate's vote to revoke SEC's crypto rule now hinges on Biden's veto, with potential major implications for the crypto sector. The post What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule? appeared first on Crypto Briefing.
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In the land of the blind, the DOJ is king