Riviera Beach City Council Agrees to Pay $600,000 in BTC to Ransomware Attackers
Riviera Beach city officials voted to pay 65 BTC to hackers who seized control over the city’s online utility system Go to Source Powered by WPeMatico
ransomware
Auto Added by WPeMatico
Chainalysis: 64% of Ransomware Attackers Launder Proceeds via Crypto Exchanges
U.S.-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges Go to Source Powered by WPeMatico
App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns
An app that claims to give users the chance to earn $45 a day in free bitcoin is a scam, a security researcher has warned Go to Source Powered by WPeMatico
Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats
A global threat report has concluded that the three most common malware variants detected in April were crypto miners Go to Source Powered by WPeMatico
Bitcoin Accounts for 98% of Crypto-Denominated Ransomware Payments, Study
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 Go to Source Powered by WPeMatico
PayPal Aims to Prevent Crypto Ransomware Attacks With New Patent
Online payment giant PayPal won a U.S. patent to protect users from losing access to their data due to a crypto ransomware attack Go to Source Powered by WPeMatico
The Average Bitcoin Ransomware Payment has Risen to $12,762
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 … Read more
Chinese Government Officials Targeted With Ransomware, North Korea Suspected
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 … Read more
PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange
In a recent analysis, PwC states that Iranian ransomware hackers used WEX crypto exchange to launder ransomed bitcoins Go to Source Powered by WPeMatico
Research Reveals $1.7 Billion Obtained via Crypto Thefts and Scams in 2018
A newly published report reveals that about $1.7 billion in cryptocurrency had been obtained via illicit means in 2018 Go to Source Powered by WPeMatico
