Tag: Ransomware

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Chainalysis: Crypto Ransomware Has Grown in 2023

When it comes to crypto crime, a new report issued by blockchain analysis firm Chainalysis shows that there’s good news and bad news. The...

The White House Thinks BTC Has Just Boosted Crime

According to White House officials, bitcoin – though it has its benefits – has increased ransomware cases across the country. The White House Isn't Confident in BTC A...

Sebastien Vachon-Desjardins to Face Trial in U.S. for Crypto Ransomware Scheme

A Canadian government employee thought to be involved in a series of crypto-related ransomware attacks has been extradited to the United States to face...

Sophos: Crypto Involved in 79% of Ransomware Attacks

Ransomware is becoming a huge problem. In fact, according to a detailed report published by cybersecurity firm Sophos, cryptocurrency was involved in approximately 79...

US Treasury Imposes Sanctions On Suex Crypto Exchange for Processing Ransomware Payments

Just a day or so after announcing sanctions on crypto exchanges that engage in illicit transactions or the processing of ransomware payments, it looks...

Digital Mint Helps Companies Recover Quickly from BTC Ransomware

Digital Mint is a company that provides tools and funds to companies that have fallen victim to bitcoin and crypto-based ransomware attacks. Digital Mint Is...

Barracuda Networks: BTC Ransomware Attacks Have Increased Tenfold

The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda...

The Trial of Alexander Vinnik, an Alleged BTC Thief, Has Begun

The trial of Alexander Vinnik – the man allegedly responsible for a ransomware system that stole more than $157 million – has begun in...

How Alessandro Euro Hopes to Put an End to BTC Ransomware

A young man who works in the cybersecurity industry that’s considered excellent at what he does is now helping many companies and government agencies...

Argentina Is in a Fight with a Bitcoin Ransomware Group

We do not negotiate with terrorists… This is the bedrock principle of countries like the United States. We’ve heard these words uttered in several...

Ransomware Funds Are Moving In and Out of Binance

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest...

CWT Travel Company Forced to Pay Heavy BTC Ransom

A corporate travel company has been forced to pay a massive bitcoin ransom to hackers that apparently took over its computer systems and encrypted...