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Ransomware

(Ilya Pavlov/Unsplash)
Markets
Ransomware
NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace.
(Ilya Pavlov/Unsplash)
By Danny Nelson
Aug 3, 2020 at 8:53 p.m. UTC
Aug 3, 2020
RansomwareSegWitHackersCoinFlash
locks privacy
Markets
Ransomware
Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up by the Ragnar Locker malware.
locks privacy
By Sebastian Sinclair
Aug 3, 2020 at 1:01 p.m. UTC
Aug 3, 2020
RansomwareBitcoinCoinFlash
Monero image
Markets
Argentina
Argentine Telecom Hackers Demanded $7.5M in Crypto as Ransom
Argentina’s leading telecommunications company fought off a cyberattack on Saturday where hackers demanded a hefty ransom in monero to release keys that would allow infected c...
Monero image
By Sandali Handagama
Jul 20, 2020 at 6:23 p.m. UTC
Jul 20, 2020
ArgentinaRansomwarecybercrimeMoneroTelecommunications
Malware
Markets
Ransomware
UCSF Hospital Paid $1.14M in Bitcoin After Ransomware Attack
Ransomware group Netwalker is believed to be behind the attack on UCSF, which temporarily restricted access to the medical school’s data.
Malware
By Jaspreet Kalra
Jun 30, 2020 at 8:12 p.m. UTC
Jun 30, 2020
RansomwareBitcoinUniversity of California
Cryptolocker ransomware, via Flickr/Christiaan Colen
Policy
Ransomware
Bitcoin's Ransomware Problem Won't Go Away
By the end of 2019, at least $128 million in bitcoin had been paid to ransomware hackers. That's not good optics for a payment system.
Cryptolocker ransomware, via Flickr/Christiaan Colen
By JP Koning
Mar 16, 2020 at 12:34 p.m. UTC
Mar 16, 2020
RansomwareOpinion
PROPERTY VALUES: In a possible first, a U.K. high court has recognized bitcoin as property, ordering Bitfinex to freeze an account holding 96 BTC believed to have originated from a ransomware payment. (Image via pxl.store / Shutterstock)
Markets
Crime
British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout
The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.
PROPERTY VALUES: In a possible first, a U.K. high court has recognized bitcoin as property, ordering Bitfinex to freeze an account holding 96 BTC believed to have originated from a ransomware payment. (Image via pxl.store / Shutterstock)
By Nikhilesh De
Jan 28, 2020 at 10:00 a.m. UTC
Jan 28, 2020
CrimeLawRansomwareBitfinexBitcoinChainalysis
Maze image via Unsplash
Tech
Security
New Ransomware Tactic: Pay Us or the World Sees Your Keys
A new malware technique makes a company's files public if it refuses to pay ransom.
Maze image via Unsplash
By John Biggs
Dec 20, 2019 at 4:55 p.m. UTC
Dec 20, 2019
SecurityRansomwarecybercrime
malware code skull
Markets
Ransomware
Crypto Extortion on the Rise, Says Academic Study
Hackers can make up to $130,000 a month for a $10,000 investment.
malware code skull
By William Foxley
Oct 23, 2019 at 4:00 a.m. UTC
Oct 23, 2019
RansomwareBitcoinNews
(Shutterstock)
Markets
Security
Emsisoft Releases Bug Fix for Bitcoin-Ransoming Malware WannaCryFake
Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake.
(Shutterstock)
By Daniel Kuhn
Sep 25, 2019 at 8:35 p.m. UTC
Sep 25, 2019
SecurityIdentityRansomwareNewsDecryptionEmsisoft
hacker
Markets
Hacking
Study Finds Most Ransomware Solutions Just Pay Out Crypto
A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.
hacker
By John Biggs
May 15, 2019 at 7:30 p.m. UTC
May 15, 2019
hackingRansomwareNewsbusiness news