Chainalysis: Ransomware payments down 50% in 2023

2024-5-6 15:01

Blockchain forensics firm Chainalysis says ransomware attacks involving payments decreased by 46% in 2023. As the ransomware market becomes increasingly saturated with new schemes due to lower barriers-to-entry, executing profitable attacks involving crypto payments has become a challenging thing, according… origin »

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Источник: btcmanager.com

ransomware payments → Результатов: 47

Ban All Ransomware Payments, in Bitcoin or Otherwise

The U.S. Treasury Department has outlawed certain ransomware payments. If it was serious, it would go further, says our columnist.

2020-10-21 13:01	Opinion
ransomware payments serious further columnist says certain

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G7 'concerned' about increasing cybercrimes that demand crypto ransoms

Leaders from G7 intergovernmental economic organization cautioned against global surge in ransomware attacks that involved crypto payments as ransom money. These ransomware attackers often demanded paThe post G7 'concerned' about increasing cybercrimes that demand crypto ransoms appeared first on AMBCrypto.

2020-10-14 22:30	Trading View
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The mischievous Ryuk: Combatting the ‘Death Note’-inspired ransomware

As the Ryuk ransomware continues to wreak havoc, tracking ransomware payments has become critical in stopping criminals from cashing out.

2020-9-2 17:13	cybersecurity
ransomware ryuk critical stopping out cashing criminals

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FBI Prevents Ransomware Attack At Tesla’s Gigafactory; Hacker Sought $4M Bitcoin Payment

US-based electric carmaker Tesla working closely with the Federal Bureau of Investigations (FBI) has thwarted a planned ransomware attack that involved millions worth of Bitcoin payments. According to a complaint that was filed by the FBI, the attackers were targeting Tesla’s Gigafactory situated in Nevada.

2020-8-29 23:51	Ransomware
tesla fbi bitcoin gigafactory ransomware attack according

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Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report

Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.

2020-8-25 17:23	Binance
bitcoin binance ryuk ransomware controllers payments good

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You May Not Know This but There’s No Such Thing as “a Bitcoin”

Is it possible to track individual Bitcoin (BTC) ‘coins’ across the blockchain or are BTC units indistinguishable from each other? While some organizations pay significant sums for Bitcoin ransomware attacks, others question whether these payments can actually be tracked.

2020-7-15 19:57
bitcoin btc organizations pay significant sums indistinguishable

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Mobile Ransomware That Doesn't Ask Victims For Crypto Emerges

The study from Check Point reveals that cybercriminals are using the FBI’s name to collect ransom payments

2020-4-29 22:36	Bitcoin
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Ransomware Payments Fall but Threat Remains Amid COVID-19 Pandemic

Revenue generated by ransomware attacks fell dramatically in March as COVID-19 lockdown measures spread around the world. The drop is somewhat curious considering attackers have never wielded such leverage; medical care facilities are stretched close to their limits in many countries.

2020-4-19 12:35	Ransomware
ransomware covid-19 wielded such leverage attackers somewhat

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FBI Report: Bitcoin Ransom Payments Total $144M

Ransomware attacks and similar extortion schemes took in an estimated $144 million in the course of 7 years. FBI estimates show most of the ransoms were paid in Bitcoin (BTC) and went straight to mixers or exchanges.

2020-2-27 19:00	Ransomware
fbi bitcoin show estimates years exchanges ransoms

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With A Spike In Crypto Based Ransom’s, Will Government Institutions Keep Bitcoin On Hand?

Ransomware began to take off with the expansion of the net (easier electronic ransom payments) and advances in cryptography technology. Encryption could be a means of securing information from unauthorized access through an encoding method.

2019-9-30 18:28	cybersecurity
information ransom encoding method through access securing

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Bitcoin ransomers claim second victory as Florida town pays $500,000

A second town in Florida has paid over $500,000 in Bitcoin to hackers following a ransomware attack. Officials in Lake City paid the hackers after their computer systems were down for two weeks.

2019-6-27 17:13	hard fork
attack bitcoin hackers 500 town officials second

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Florida City Officials Approve $600,000 Ransomware Payment of 65 Bitcoins

By CCN Markets: Hackers who paralyzed Florida’s Riviera Beach City’s IT infrastructure are about to laugh all the way to the bank. This is after the Riviera Beach City Council voted to authorize the city’s insurer to meet the ransom demands of the hackers who planted ransomware in the city’s computer systems.

2019-6-21 18:29
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Bitcoin Hackers Take Tactics to a New Level, Threatening Sextortion for Crypto Payments

Hackers in the cryptocurrency world are willing to go to great lengths to get their funds, especially when hidden attacks are not their preference. There have been many ransomware attacks, but recent actions against a small Kansas town are taking a much more personal approach.

2019-4-24 02:31	Cryptocurrency News
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Report: Ransom Amounts Following Cyberattacks Rose by 90% in Q1 of 2019

A report published by Coveware, a company that assists ransomware victims in facilitating cryptocurrency ransom payments, claims that ransom amounts requested following cyber attacks increased by 90% in Q1 of 2019 as compared to Q4 of 2018.

2019-4-23 13:09	security
report ransom 2019 amounts following cryptocurrency attacks

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Bitcoin Accounts for 98% of Crypto-Denominated Ransomware Payments, Study

Bitcoin continues to account for the lion’s share of crypto-denominated ransomware payments — 98% as compared with just 2% for privacy coins like dash and monero

2019-4-20 20:22
ransomware bitcoin crypto-denominated payments privacy monero like

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PayPal Wins Patent for Ransomware Detection Solution

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency.

2019-4-19 21:17	Privacy & security
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PayPal Successfully Gains Patent for Cryptocurrency Ransomware and Malware Protection

Known as the go-to company for international payments solutions online, PayPal has since been officially awarded the patent for a unique method that would be able to detect specific kinds of cryptocurrency malware and mitigate the effects it may have.

2019-4-18 19:27	Cryptocurrency News
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Report: Cryptocurrency ransomware payments up 90%, thanks to Ryuk

Ransomware attacks are still doing the rounds and one in particular appears to be gaining pace. Cryptocurrency payments made to ransomware attackers increased nearly 90 percent in Q1 2019 over the previous quarter, according to ransomware support firm Coveware’s latest report.

2019-4-18 16:00	hard fork
ransomware cryptocurrency report percent attackers quarter according

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PayPal Wins Patent for Way to Defend Against Crypto Ransomware

Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.

2019-4-18 15:00
crypto paypal patent type could detect malware

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Bitcoin Ransomware Cripples Boston Legal System for Two Weeks

Boston public defenders suffered a ransomware attack some weeks back but have chosen not to send the bitcoin demanded by the attacker. Instead, they decided to use back-ups to restore services. The Committee oversees public defenders in Boston.

2019-3-15 20:33
boston ransomware defenders bitcoin weeks public system

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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions

For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.

2018-11-29 21:41	Law & justice
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Port of San Diego Hit with Crypto Ransomware Attack

Officials report that the Port of San Diego has been hit with a ransomware attack demanding Bitcoin payments. Port CEO Randa Congiglio told ABC that a fraction of the port’s information technology systems were compromised before staff members shut down other systems out of caution.

2018-9-30 05:09	Cryptocurrency News
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Ryuk Ransomware Snatches $640,000 Worth of Bitcoin From Major Corporations

Although ransomware attacks seem to create a lot fewer media headlines these days, there are still plenty of concerns out there. The Ryuk malware is quite potent and is mainly designed to target large corporations around the world.

2018-8-23 20:00
ryuk corporations ransomware criminals world around mainly

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Bitcoin Ransomware Creator Sentenced

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday. Melvin and Dennis van de B., aged 25 and 21, were convicted of accusing 1,259 computers in the Netherlands and other Western European countries with the ransomware and demanding bitcoin payments as a

2018-7-27 00:57	Ransomware
ransomware bitcoin sentenced accusing 259 convicted aged

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FBI Currently Investigating 130 Crypto-Related Cases

The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.

2018-6-28 10:10	zec
130 cases crypto-related fbi crypto currently investigating

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BIS mulls ending mBridge pilot touted by Putin as dollar alternative: report

The Bank for International Settlements is mulling ending a cross-border payments platform eyed by the Russian president as a tool to bypass U.S. sanctions. The Bank for International Settlements is reportedly debating the future of its mBridge cross-border payments project…

Russian likely to rely on Garantex for sanctions evasion with new legislation, Chainalysis alerts

Blockchain analysts warn that the Russian government may use crypto exchanges like Garantex for sanctions evasion under the new legislation. The Russian government is likely to rely on domestic crypto exchanges like Garantex for sanctions evasion as it adapts to…

Russia’s Minfin considers launching a domestic crypto exchange

Russia’s Finance Ministry and central bank are in talks about setting up a domestic crypto exchange, though no final decision has been made yet. As Russia explores the development of its own crypto trading platforms, driven by the need to…

Russian ransomware generates over $500m in crypto proceeds, TRM Labs says

Analysts at TRM Labs say Russian-speaking ransomware groups accounted for nearly 70% of all crypto proceeds from ransomware in 2023. Russia has seemingly become the center for ransomware-related threat actors in 2023 Russian-speaking ransomware groups accounted for nearly 70% of…

Russia’s Minfin mulls crypto trades on stock exchanges for select investors only

Russia’s Ministry of Finance is reportedly working on allowing stock exchanges to open crypto trades, but restrict access to a limited group of “highly qualified” investors. Russia‘s Ministry of Finance, also known as Minfin, is exploring measures to permit crypto…

Russia’s sanctioned business union mulls establishing national Bitcoin fund

Russia’s sanctioned business association considers a national Bitcoin fund to enhance the use of digital financial assets in foreign trade. The Russian Union of Industrialists and Entrepreneurs (RSPP), a sanctioned Russian union representing the country’s wealthiest business figures, is considering…

EU bans crypto providers supporting Russia’s defence-industrial base

The European Council has unveiled a 14th package of sanctions, targeting crypto providers established outside of Europe that support Russia’s defence-industrial base. European leaders have adopted another package of sanctions designed to target “high-value sectors of the Russian economy, like…

2024-5-6 15:01

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