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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.

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.

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

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.

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

The US Department of Justice has led international efforts that have seen half a million dollars in cryptocurrency seized from the NetWalker ransomware group.

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.

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.

Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin

Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin

UK government report reveals cybercriminals are targeting English Football Clubs with ransomware attacks.

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group

UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the world’s most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity.

Cybercrime on the Rise: 2024 Mid-Year Crypto Crime Report Highlights

Cybercrime on the Rise: 2024 Mid-Year Crypto Crime Report Highlights

Chainalysis reports a 20% drop in overall crypto crime in 2024, but stolen funds and ransomware incidents are surging.

CertiK Outlines Mobile Blockchain Security Threats and Countermeasures

CertiK Outlines Mobile Blockchain Security Threats and Countermeasures

CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors.

Decline in Crypto Crime: Insights into 2024 Trends and Challenges

Decline in Crypto Crime: Insights into 2024 Trends and Challenges

2024 sees a notable decline in crypto crimes, with hacking and scamming activities reduced. However, ransomware and darknet markets show resurgence, emphasizing the need for enhanced security and regulatory measures in the crypto industry.

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

The US and UK have sanctioned eleven members of Russia-based ransomware group Trickbot, following a previous sanction of seven. The sanctions are part of a global effort to combat cybercrime in the blockchain-dominated era.

US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers

US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers

US travel management company CWT paid $4.5 million to hackers who stole sensitive corporate files. CWT has a global clientele and is the fifth-largest US travel company. The firm boasts an estimate of $1.5 billion in annual revenue and claims that it represents more than a third of companies on the S&P 500 U.S stock index.

The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department said in a statement that Suex cryptocurrency exchange has been aiding ransomware actors to attack businesses and government entities.

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

The DoJ and the FBI seized two criminals connected to a cybercrime targeting over 100 companies in the US and abroad with ransomware, crypto jacking and more.

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.

Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting

Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting

Ransomware attacks and the role of cryptos like Bitcoin is a concern to the U.S. President Joe Biden is set to address with the G7.

Ransomware Group Strikes Again: Canon Takes a Hit

Ransomware Group Strikes Again: Canon Takes a Hit

Canon recently suffered a cyber attack where approximately 10 terabytes of files, photos and data were stolen.

Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone

Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone

Ransomware hackers have raided Call of Duty: Warzone player accounts and demanded Bitcoin payments in exchange for releasing the retained data.

Hacking Ransomware Group REvil Threatens to Strike Again

Hacking Ransomware Group REvil Threatens to Strike Again

Previously known to be the company that has hacked big-name Grubman Shire Meiselas & Sacks, REvil threatens to keep up with their devious activities. This time, the new scheme that they plan to carry out entails big-name celebrities, such as rap star Nicki Minaj, and NBA superstar Lebron James. They also extended their cyber-attacks to include Mariah Carey.

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

Ransomware Growth Decreased 23% YoY amid Bearish BTC Market in H1, Report Suggests

Ransomware Growth Decreased 23% YoY amid Bearish BTC Market in H1, Report Suggests

The slump in the price of Bitcoin in the first half year has been tagged as one of the main reasons for the decline in Ransomware activities recorded during this period.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

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.

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