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Ransomware
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Ransomware
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CryptoCurrency
$1.58 Billion in Crypto Vanishes in Just 8 Months
2024-08-21T10:22:24.677+02:00
This value is almost equal to the theft statistics for 2023, Chainalysis report states.
Bitcoin price surge fueled an 80% jump in average crypto heist value.
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FinTech
India's Cybersecurity Crisis: Ransomware Takes 300 Small Banks Offline
2024-07-31T22:40:41.051+02:00
The attack has affected transaction processing among lenders.
Despite the disruption, the affected banks represent only about 0.5% of India's payment system volumes.
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FinTech
Ransomware Crisis: FX and Crypto Sectors Show Resilience as Attacks Soar over 70%
2024-06-21T14:10:34.795+02:00
Financial institutions are prime targets of ransomware due to their dependency on digital platforms.
Ransomware attacks increased by 73% in 2023, with total payouts exceeding USD $1 billion.
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Institutional FX
ION Reboards Clients after Ransomware Attack: Report
2023-02-07T16:13:56.402+02:00
The ransomware attack started on January 31st, ION disclosed recently.
The hack was claimed by LockBit, a ransomware gang with ties to Russia.
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Solomon Oladipupo
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News
‘Ransomware’ Charges Brought against Canadian Man in the US
2022-03-11T01:47:00.000+02:00
Vachon-Desjardins is a former Canadian government employee.
Around $28,151,582 was seized in cryptocurrencies.
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Felipe Erazo
News
Australia to Impose ‘Harsher’ Penalties for Ransomware Gangs
2021-10-15T18:41:28.000+02:00
A joint parliamentary committee approved two weeks ago the Ransomware Action Plan.
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2020 Brought a 311% Increase in Crypto Ransomware Attacks: Chainalysis
2021-01-25T11:31:27.000+02:00
While crypto-related crime fell overall, criminals are leaning toward socially-engineered attacks.
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Regulation
6 AMLD and OFAC Regulations on Ransomware Attacks
2021-01-14T14:54:42.000+02:00
6 AMLD not only affects the EU internal market but the global financial sphere.
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Ella Rosenberg
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News
$7.5M in Monero Demanded in Alleged Cyber Attack on Argentinian Telecom Giant
2020-07-20T09:23:03.000+02:00
Rumors of a ransomware attack on Telecom SA appear to have originated on Twitter.
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Rachel McIntosh
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Ransomware Crypto Demands Surged to $115,000 on Average in 2019: Report
2020-06-08T10:02:23.000+02:00
Crypsis Group found that the sums of money demanded by ransomware attackers had surged 200% between 2018 and 2019.
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Rachel McIntosh
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'Zorab' Fake Decryption Tool Exploits Ransomware Victims' Desperation
2020-06-08T08:40:03.000+02:00
The fake decryption tool will actually double-encrypt compromised files, making a bad problem even worse.
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Travelex Hackers Demand $3 Million Bitcoin Ransom
2020-01-08T13:27:58.000+02:00
The company is claiming that the hackers did not breach any private data of its customers.
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Arnab Shome
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News
'SamSam' Ransomware Has Made $300,000 a Month Since 2016
2018-08-02T16:21:13.000+02:00
Cybersecurity firm Sophos thinks that the ransomware is the work of one person working alone.
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Simon Golstein
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Objection Overruled: Law Firms Open Bitcoin Wallets to Pay Hackers
2017-10-30T12:04:06.000+02:00
Ransom attacks on law firms could become “a normal course of business” within the next few years.
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Rachel McIntosh
News
HBO Working Hard to Secure $250,000 in Bitcoin to Pay Off Hackers
2017-08-11T12:32:50.000+02:00
Spoiler alert: hackers may release Game of Thrones scripts if HBO won't secure the needed Bitcoin.
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Avi Mizrahi
News
Recently Arrested, Alexander Vinnik Suspected of Ties to MtGox Theft
2017-07-26T21:35:30.000+02:00
Vinnik had been under investigation for years for suspected involvement in MtGox.
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Jeff Patterson
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Russian Arrested for Allegedly Operating $4 Billion Bitcoin Crime Website
2017-07-26T15:55:55.000+02:00
Bitcoin exchange BTC-e is suspected by many in the cryptocurrency community to be the business the Russian was arrested for.
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Avi Mizrahi
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Cyber Security Experts Say Bitcoin Ransomware is Behind Attack on Russia and Ukraine
2017-06-27T16:01:50.000+02:00
Authorities and major corporations in both Russia and Ukraine report a massive cyber attack.
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Hackers Release New TV Episodes after Netflix Refuses to Pay Bitcoin Ransom
2017-05-04T15:12:01.000+02:00
Previously unseen episodes of “Orange Is The New Black” are now available on torrent sites thanks to The Dark Overlord.
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US State Prosecutor Paid Off Ransomware Hackers with Bitcoin
2016-12-06T15:16:55.000+02:00
Even American authorities are not safe from hackers and forced to pay in bitcoin like common victims.
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Education Center
BitFury Fights Anonymity on the Bitcoin Blockchain in the Name of Security
2016-08-24T10:41:32.000+02:00
BitFury reveals breakthrough analysis on tackling Bitcoin mixing, which it says is used by ransomware developers and hackers.
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CryptoWall Ransomware Spreading through Greece
2015-10-16T06:19:38.000+02:00
CryptoWall is an apparent successor to CryptoLocker, which cybersecurity experts struggled to contend with in 2013 and 2014.
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Leon Pick
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4 Arrested, Linked in Stock Pumping, Hacking and Bitcoin Laundering Schemes
2015-07-22T17:29:26.000+02:00
Four were arrested in what was apparently two separate investigations, but have been linked through a third into the hacking of JPMorgan.
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UK's NFIB Issues Warning on TorrentLocker Ransomware
2015-07-21T16:27:51.000+02:00
The UK's NFIB has warned the public after a spate of attacks involving TorrentLocker, one of several forms of crypto-ransomware.
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Leon Pick
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FBI Warns on Bitcoin Ransomware, Says Victims Have Lost $18 Million
2015-06-24T10:47:09.000+02:00
The FBI has advised the public that ransomware is still a real threat, and advised on its prevention and mitigation.
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See more
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