British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout

2020-1-29 13:00

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.

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bitcoin ransomware much company insurance through bitfinex

bitcoin ransomware → Результатов: 126


Newly Circulating Bitcoin Ransomware Permanently Encrypts Files

A report released by BleepingComputer says there’s a malware asking for a Bitcoin ransom circulating. It can encrypt files, meaning it doesn’t only send empty messages. According to the same report, DeathRansom faked encrypting files in the beginning and became widely known, but soon after it has started to make files unusable. No Details on […]

2019-11-27 01:18


Johannesburg City Infrastructure Locked Down Due to Bitcoin Ransom

Bitcoin and other cryptocurrencies are often requested by hackers after deploying ransomware on unsuspecting user’s computers due to the layer of pseudo-anonymity they provide. The leading crypto asset by market cap is once again at the center of a major ransomware attack that’s left the South African city of Johannesburg in a state of lockdown.

2019-10-31 00:00


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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


Think Crime Doesn’t Pay? Sodinokibi Ransomware Affiliate Steals Nearly $290K in 72 Hours

Some villains who distributed the Sodinokibi Ransomware earn a tremendous amount of money illegally by conning victims to pay a requested bitcoin price into their wallets. Researchers from McAfee tracked some covered information, only to find out that one distributor of the ransomware made an equivalent of $287,499 Bitcoins in 3 days. The analysts further […]

2019-10-15 18:31


Europol: Bitcoin is the still the dark web’s favorite cryptocurrency

Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives. “While we have previously reported a small shift towards more privacy-focused cryptocurrencies such as Monero, Bitcoin still remains the currency of choice for both legitimate and criminal use,” reports Europol with its latest assessment of internet-based organised crime.

2019-10-14 15:45


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Spanish City Battles Ransomware Attack as Hackers Demand for Bitcoin

The online processes of Jerez de la Frontera, a city of more than 200k inhabitants located in southern Spain, have been crippled by a severe ransomware attack. The hackers are demanding an undisclosed amount in bitcoin and Spanish authorities are yet to pay the ransom and have instead deployed three cybersecurity experts to the area,Read MoreRead More.

2019-10-8 09:00


Emisisoft Creates a Free Decryption Solution for Bitcoin-Payment Ransomware, WannaCryFake

Emisisoft, a cybersecurity firm, tackles Bitcoin (BTC) ransomware WannaCryFake, an extension of the WannaCry bug, by creating a free fix for the encryption bug. WannaCryFake Asks Victims for Bitcoin According to the blog post, WannaCryFake is defined as a “strain of ransomware that uses AES-256 to encrypt a victim’s files”. The file extension of the […]

2019-9-26 17:56


Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto.

2019-7-17 23:27


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New York City College Struck by Ransomware, $1.9 Million in Bitcoin Demanded

Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college’s computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1. 9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are still largely unknown, as reportedRead MoreRead More.

2019-7-15 13:00