Bitcoin’s Ransomware Problem Won’t Go Away

2020-3-17 15:34

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.

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Could Ransomware Be Driving Up Bitcoin Prices?

Research is suggesting that the number of ransomware incidents has risen in 2019. The payment method of choice for the majority of this cybercrime is cryptocurrency, predominantly bitcoin. Could BTC price fluctuations be linked to the increase in this online nefarious activity? Bitcoin Price and Ransomware US state departments, public sector facilities schools, hospitals, and businesses are increasingly falling victim to ransomware attacks.

2019-10-21 10:35


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Ransomware Stems From Governments, But Bitcoin Gets The Blame

When hackers paralyzed the city of Baltimore with a ransomware attack last month, the focus became not the theft itself, but a $76,000 Bitcoin ransom. NSA Passes Ransomware Buck According to a recent report from The New York Times, a ransomware attack in Baltimore, Maryland in May was empowered by the use of a stolen National Security Agency (NSA) cyberweapon.

2019-6-9 19:01


Bitcoin Ransomware: The U.S. Indicts Iranians Over $6 Million Cryptocurrency Cyber-crimes

The U. S. Justice Department recently announced the indictment of two Iranians involved in a high-profile Bitcoin ransomware attack. Iranian Hackers Collect Bitcoin as Ransom According to a report by The Washington Post, the Justice Department of the United States on Wednesday (November 28) announced the indictment of two Iranian nationals involved in cryptocurrency ransomware attacks, […] The post Bitcoin Ransomware: The U.

2018-11-29 12:16