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Ransomware Attack Directed Towards University of California Generated 118 Bitcoin

Ransomware Attack Directed Towards University of California Generated 118 Bitcoin

The University of California, San Francisco’s plans to further COVID-19 vaccine research were disrupted by a ransomware attack on the school’s servers.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.

Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness

Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness

Blockchain transactions confirm the interconnection between four prominent ransomware strains. A good sign for law enforcement to deter illicit money transfers.

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.

Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake

Emsisoft Releases Solution for BTC Demanding Ransomware WannaCryFake

Emsisoft, the cybersecurity firm, has released a new free fix for WannaCryFake—the malicious bitcoin (BTC) demanding ransomware.

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