ransomware

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New Report Finds North Korean Mining of XMR Increased Tenfold in 2019, Online Activity 300%

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A report published by cybersecurity organization Insikt Group claims internet use in North Korea has grown significantly in the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017,” and part of this activity involves monero (XMR) mining. Insikt observes a tenfold increase … Read more

UK Court Asks Bitfinex to Freeze a Bitcoin Balance Linked to Ransomware Proceeds

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Ransomware has proven to be an incredibly lucrative solution for cyber criminals. Most of these ventures end in a certain amount of Bitcoin changing hands between criminal and victim.  Not all of the proceeds from ransomware attacks can be cashed out, however. A Ransomware Deal Gone bad In the case of Bitfinex, several of its … Read more

Kaspersky Confirms Ransomware Attacks on Municipal Institutions Increased by 60%

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New findings by research firm Kaspersky paint a worrisome outlook. Dozens of municipal institutions have dealt with ransomware attacks throughout 2019. The rise of malware and ransomware attacks has been well documented in recent years.  The Ransomware Industry Keeps Growing One would expect institutions and corporations to smarten up after so many years. That is … Read more