Tag: ransomware

Feb 18 2021

Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.

Jan 28 2021

US Government Takes Aim at NetWalker Ransomware Attacks

Jan 28 2021 Published at CoinDesk under tags  justice department netwalker news ransomware

Prosecutors indicted an alleged NetWalker affiliate and coordinated the takedown of darkweb resources.

Jan 25 2021

Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Payouts

Jan 25 2021 Published at CoinDesk under tags  coinflash crime law news policy & regulation

“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said.

2020 Brought a 311% Increase in Crypto Ransomware Attacks: Chainalysis

While crypto-related crime fell overall, criminals are leaning toward socially-engineered attacks.

Jan 19 2021

Bitcoin Is Aiding the Ransomware Industry

We are living in a world where the second-order effects of permissionless money – like the greater use of ransomware – are already evident.

Dec 10 2020

Foxconn Suffers $33 Million Bitcoin Ransomware Attack

Dec 10 2020 Published at FullyCrypto under tags  bitcoin bitcoin news crime hack ransomware

Reading Time: 2 minutes Foxconn, the biggest electronics manufacturer in the world, has been hit by a ransomware attack The attack on its Mexican facility, which took place over Thanksgiving, saw over 1,000 servers encrypted The hackers demanded...

Nov 30 2020

Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report

Nov 30 2020 Published at CoinDesk under tags  crime hacks kaspersky news policy & regulation

The cybersecurity specialist foresees a rise in crypto crime ahead in 2021, as the COVID-19 epidemic hits national economies.

Nov 11 2020

Cyberattackers Demand $11M in Bitcoin From Japanese Gaming Giant Capcom

Nov 11 2020 Published at CoinDesk under tags  cyber attack cybercrime gaming japan news

Japanese gaming giant Capcom’s networks have reportedly come under attack, with criminals demanding a bitcoin ransom in exchange for not leaking confidential company information to the public.

Oct 30 2020

400 US Hospitals in Danger of Unprecedented Bitcoin Ransomware Attack

Oct 30 2020 Published at Crypto Briefing under tags  analysis ransomware

The FBI and Department of Homeland Security are among the U.S. authorities warning of a coordinated Bitcoin ransomware attack on the nation's healthcare system. Ransomware Attack Cripples American Hospitals Following a...

Oct 07 2020

Europol: Criminal Activity Represents 1.1% of Bitcoin Use

Reading Time: 2 minutes A new Europol report has said that illegal Bitcoin use makes up only 1.1% of its activity, compared to 20% in 2013 A massive increase in Bitcoin trading is behind the shift Europol also warned about the “top threat” represented by privacy...

Oct 04 2020

Ransomware Insurance Payouts Could Violate Sanctions

Reading Time: 2 minutes Insurance firms that pay ransomware demands on behalf of hacked companies could find themselves penalized for dealing with sanctioned countries The Treasury has warned that paying a ransom to a group linked to a sanctioned country could be considered a...

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