Online payment giant PayPal won a U.S. patent to protect users from losing access to their data due to a crypto ransomware attack
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Online payment giant PayPal won a U.S. patent to protect users from losing access to their data due to a crypto ransomware attack
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In the cryptocurrency world, it would appear most of the discussions pertaining to ransomware have quieted down. Not because the industry is no longer lucrative, but simply because such attacks have seemingly become so common it isn’t necessarily newsworthy anymore. However, the average Bitcoin payment associated with ransomware attacks has risen significantly. Ransomware Still Makes the Big Bucks Over the past few years, there have been numerous news stories involving malware and ransomware. Criminals have fully embraced this new business model to make a lot of money. Despite the best attempts by security researchers to ensure such attacks cannot be
The post The Average Bitcoin Ransomware Payment has Risen to $12,762 appeared first on The Merkle Hash.
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A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has […]
The post Chinese Government Officials Targeted With Ransomware, North Korea Suspected appeared first on Bitcoin News.
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In a recent analysis, PwC states that Iranian ransomware hackers used WEX crypto exchange to launder ransomed bitcoins
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A newly published report reveals that about $1.7 billion in cryptocurrency had been obtained via illicit means in 2018
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According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto […]
The post New Malware Attacks Hold ASIC Miners to Ransom appeared first on Bitcoin News.
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Researchers argue that a recent spate of ransomware thought to have earned hackers $3.7 million in BTC came from Russian cybercriminals, not North Korean state-sponsored actors
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The U.S. Department of Treasury has sanctioned two Iranians allegedly involved in a Bitcoin ransomware scheme known as SamSam
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One of the more problematic trends over the past few years comes in the form of ransomware. It would appear one particular group, referred to as SamSam, is mainly intent on targeting potential victims in the United States. Their targeted ransomware attacks are picking up in number, which does not bode well for computer users […]
The post SamSam Group Disrupts American Organizations Through Targeted Ransomware Attacks appeared first on NullTX.
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Ransomware attacks are still a pressing problem in 2018. Although such stories have seemingly become less apparent in the past few months, the city of West Haven in Connecticut was forced to make a crucial decision. City officials decided to pay $2,000 worth of Bitcoin to get rid of this malware, even though such demands […]
The post West Haven City Council Pays $2,000 Ransomware Demand appeared first on NullTX.
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