Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to USA Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. […]

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DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers

FBI Seizes Half a Million Dollars in Ransom Payments and Cryptocurrency — DOJ Says 'We Are Returning Stolen Funds to Victims'The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid by health care providers in Kansas and Colorado. DOJ Seizes Crypto […]

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Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment

Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom PaymentA British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British Jeweler, Graff, has sued its insurer, The Travelers Companies, […]

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