Tag: Ransomware

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As Economy Sputters, Hackers in Iran Ramp up Ransomware Attacks

Hackers in Iran, potentially government-backed, are turning to ransomware and Bitcoin as the country's economy falters due to sanctions. Ransomware is a scourge that affects...

Rakhni Malware Installs Either Ransomware or a Cryptojacker

Cryptocurrency-themed malware comes in many different shapes and forms. Ranging from ransomware to mining malware and cryptojackers, the number of threats is rising. A...

Bitcoin Ransomware Fails to Make any Economic Impact, Study Claims

Ransomware and Bitcoin are almost two peas in a pod. There have been numerous media reports regarding Bitcoin ransomware over the years. A new...

Pay Us Bitcoin, or Your Patients Will Die!! (Part 1)

On the 28th of March, 2016, a group of workers in MedStar Health (MedStar), a nonprofit healthcare system, which includes ten hospitals in Washington...

Ransomware and Cryptocurrencies – (Part 1)

The surging popularity of ransomware attacks indicates that it is highly unlikely that these attacks will decline in the near future, especially that the...

Creators of WannaCry Ransomware Only Made $50,000 Worth of Bitcoin!

Creators of "WannaCry", a new form of ransomware, managed to only make around $50,000 worth of bitcoins via infecting and encrypting the files on ...

Chinese Police Arrest Teenager Responsible for Bitcoin Ransomware Attack

Hackers often target government-related websites to drive a point home. In China, a government website was breached in February of 2017, although no one...

Top European Hotel Pays 1,500 EUR In Bitcoin After Ransomware Attack

Another institution affected by a ransomware attack saw no other option than meeting the criminals' demand for Bitcoin. The Romantik Seehotel Jägerwirt, located in...

48% Of Ransomware Victims Paid At Least US$2,500 In 2016

Despite all of the ransomware educational campaigns that have been organized in recent months, half of the victims still meet the ransom demand. That...

Los Angeles Valley College Pays US$28,000 In Bitcoin After Ransomware Attack

Ransomware attacks remain a constant threat to our society, even in 2017. The Los Angeles Valley College was forced to pay US$28,000 worth of...

Think Twice Before Assuming Paying The Ransomware Demand Is Your Only Option

Paying the ransomware demand is never the answer to keeping computer files safe. In fact, meeting the ransom demand is never a guarantee to...

IBM Survey Shows Enterprises Pay Up To US$40,000 To Deal With Ransomware Attacks

It is evident enterprises are not too sure how they should handle a major ransomware attack. Protecting against such a malware infection is a...