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...
ransomware
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...
Want to weed out ransomware? Regulate crypto exchanges
Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report,...
FBI Targets Crypto Over Ransomware Crimes
With ransomware on the rise, the FBI is looking at cryptocurrency as the main way these cybercrimes are facilitated, Bloomberg...
Russian-linked strains lead crypto ransomware in 2021: Chainalysis
Ransomware revenue in crypto in 2021 has been traced to strains connected to Russia with most of the extorted funds...
Crypto Ransomware Tallied at Least $602M But Actual Figures Could Be Higher: Chainalysis
Chainalysis has identified more than $602 million worth of ransomware payments in 2021. But the firm is confident that the...
Report: Crypto ransomware payments in 2021 was over $600 million
Cybercriminals are receiving a high percentage of their payments in Bitcoin and Monero, according to a Chainalysis report. The Crypto Crime...
As crypto ransomware payments hit $602M in 2021, here’s how 2022 can be worse
One of the most common and serious cyber-attacks involves ransomware. These attacks have been increasing not only in number but...