UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses
British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing...
ransomware
Crypto Crash Rattles Cybercriminals, Pushing Them Beyond Ransomware
What's happening Crypto prices continue to plunge, but cybercriminals still need the currencies for ransomware attacks. Why it matters Some...
Canadian Netwalker Ransomware Hacker Pleads Guilty in US Court
A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than...
US offers $15M for info on Conti ransomware
The U.S.Department of State set two separate bounties for information on the Conti ransomware organized crime group totaling $15 million.Any...
Cyber Security Today, April 22, 2022 – Backgrounder on BlackCat ransomware gang, movement from REvil and millions stolen from another DeFi system
A new backgrounder on the BlackCat ransomware gang, movement from REvil and millions stolen from another DeFi system. Welcome to...
Report: Ransomware groups show preference for Monero, charge more for Bitcoin ransom
Ransomware attackers prefer to receive their ransom payment in a popular privacy token, Monero (XMR), due to its ability to...
Altcoin Monero sees surge in usage as ransomware attacks increase by 500%, report says
According to a new report by blockchain analytics firm CipherTrace, the privacy-focused cryptocurrency Monero is experiencing an unexpected surge. Source...
Why Do Ransomware Attackers Use Bitcoin?
The demand for Bitcoin has increased over the last decade among traders and criminals alike. Ransomware attackers like REvil, DarkSide,...
Ransomware attacks are growing in sophistication. What can stop them?
Ransomware is a strain of malware that blocks users or a company from accessing their personal data or apps on...
Crypto Ransomware Payment Size Up Almost 5 Times, Finds Report
Ransomware activities have grown exponentially in 2021, with the average ransomware payment size in 2021 being five times the figure...