Experts Call for Crypto Regulation as Ransomware Attacks Are On the Rise

2021-4-30 18:33

A panel of experts calls for aggressive tracking of Bitcoin and other cryptos in the light of growing ransomware attacks. Ransomware gangs collected about $350 million last year, more than 3x of 2019.

“There’s a lot more that can be done to constrain the abuse of these pretty amazing technologies,” said Philip Reiner, chief executive of the Institute for Security and Technology, who led the Ransomware Task Force.

The new rules proposed are aimed at the anonymity of crypto transactions, Reuters reported a source as saying. It will recommend steps like extending KYC regulations to crypto exchanges, money laundering rules to facilities converting currency, and tougher licensing requirements for those processing cryptocurrencies.

“That would be huge,” said an anonymous senior Homeland Security Official.

“This is a world that was created exactly to be anonymous, but at some point, you have to give up something to make sure everyone’s safe.”

Last year, the U.S. Marshals Service seized over $150 million in crypto-assets and offered them to the public at auction.

Amidst this, the House has passed a bill that will provide clarity to crypto asset regulation in the country.

The bill passed by the US House of Representatives last week is H.R. 1602, “Eliminate Barriers to Innovation Act of 2021,” which has now been sent to the Senate. If passed and signed into law, this will provide much-needed clarification to the industry. It would commission a working group to evaluate how the US currently treats crypto assets.

The post Experts Call for Crypto Regulation as Ransomware Attacks Are On the Rise first appeared on BitcoinExchangeGuide. origin »

Bitcoin price in Telegram @btc_price_every_hour

LightChain (LIGHT) на Currencies.ru

$ 1.2E-6 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.00 %

Cегодня L: $1.2E-6 - H: $1.2E-6

Капитализация $0 Rank 99999

Доступно / Всего 0 LIGHT

ransomware attacks experts collected gangs light growing

396 +

Источник: bitcoinexchangeguide.com

ransomware attacks → Результатов: 109

Ransomware attacks soar as hackers pivot to small businesses

Ransomware activity accelerated sharply in 2025, but the money flowing to attackers moved in the opposite direction. New research from Chainalysis shows that while the number of attacks jumped significantly, overall ransom payments declined.

2026-2-27 11:09	crypto crime
ransomware attacks shows new research chainalysis number

350 +

Congressman Eric Swalwell Raises Alarm Over Crypto's Role in Ransomware Attacks

Crypto-friendly congressman Eric Swalwell has joined the choir of politicians who are urging Congress to look into crypto’s role in ransomware attacks

2021-7-4 12:42
ransomware attacks congressman crypto role eric swalwell

348 +

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic.

2020-8-9 10:00	Ransomware
ransomware attacks norm becoming world increasingly coronavirus

383 +

Ransomware Attacks Are Exploding in the Education Sector

A Verizon report highlights the growing number of ransomware attacks across educational services.

2020-5-26 22:40	Crimes
ransomware attacks report highlights verizon growing 240px

466 +

Ransomware Attacks Are Way Down in the Midst of COVID-19

A malware research lab says ransomware attacks are at an all-time low right now

2020-4-22 01:47	Coronavirus
ransomware attacks says low right lab all-time

397 +

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

561 +

Hospitals Still Being Attacked Despite Big Fall in Ransomware

Chainalysis says hospitals are still being attacked by ransomware gangs during the pandemic, despite a fall in the overall number of attacks

2020-4-16 05:15	Ransomware
ransomware hospitals fall still being attacked despite

415 +

Microsoft Warning – Hospitals Vulnerable to Bitcoin Ransomware

Microsoft has issued a chilling warning that many hospitals in the United States are at risk of bitcoin ransomware attacks right now amid the coronavirus pandemic. Bitcoin Ransomware Attackers Target Hospitals The giant software company said that “dozens” of hospitals are using vulnerable gateways and that this makes them easy targets for the REvil ransomware that is currently scanning the internet for these types of flaws.

2020-4-6 17:00	Ransomware
ransomware hospitals bitcoin microsoft warning vulnerable makes

402 +

Global Cybersecurity League Formed to Fight Hospital Ransomware

Cyber security experts in 65 countries have come together to fight the scourge of ransomware attacks against hospitals during the COVID-19 crisis

2020-4-2 04:16	security
fight ransomware scourge together attacks hospitals crisis

319 +

Ransomware Attacks Hit France as Coronavirus Toll Rises

In addition to the coronavirus outbreak that’s sweeping across Europe, it would appear that the French government also faces a wave of ransomware to deal with. The French government’s cybersecurity team CERT-FR was the first agency to sound the alarm.

2020-3-23 19:10	Ransomware
ransomware coronavirus government french deal faces wave

441 +

Vimeo Steps in to Protect Users from Targeted Ransomware Attacks

Vimeo, one of the most popular video-sharing platforms, has announced that several user accounts are at risk of being compromised by malicious actors. Online news media The Register reported that one of their readers had gotten a notification from Vimeo that his account had been inappropriately accessed by a third-party and frozen as a result.

2020-3-19 04:10
vimeo had one readers media actors online

447 +

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

354 +

50% of US Departments Fell Victim to Ransomware in 2019, Report

Over half of all public and private organizations in the US fell victim to ransomware attacks at some point in 2019. Hackers have continued to employ increasingly advanced techniques to infect machines and encrypt sensitive data.

2020-1-30 02:00	Ransomware
2019 victim ransomware fell increasingly advanced employ

456 +

Forex Firm Travelex Hacked By REvil, Hit With $6 Million Bitcoin Ransom Demand

Travelex, a foreign exchange firm was attacked by a group of cyber hackers who demanded ransom worth $6 million. The firm is the newest casualty in an ongoing explosion of ransomware attacks where hackers are looking for cryptocurrency payouts.

2020-1-8 19:10	Ransomware
firm ransom million hackers travelex ongoing casualty

382 +

Bitcoin Ransom Worth $6 Million Demanded by Travelex Hackers

Attackers demanded a payment of $6 million worth of bitcoin after hacking Travelex, a foreign currency exchange company. It is the latest victim in an explosion of ransomware attacks seeking crypto payouts.

2020-1-8 10:30
travelex demanded million bitcoin worth latest victim

354 +

Crypto-Mining Attacks Fell Sharply in 2019 but Ransomware Is Trending: Kaspersky

In the cat-and-mouse game between hackers and users, less-lucrative crypto-mining malware fell out of favor this year.

2019-12-18 06:00
fell crypto-mining less-lucrative users hackers malware year

389 +

City Manager Of Lodi City Of California Confirms Being Hit By Bitcoin Ransomware Attack

It has become increasingly evident that targeted ransomware attacks on local US government entities are on the rise, costing localities millions as some pay off the perpetrators in an effort to untangle themselves and restore vital systems.

2019-8-2 16:48	Ransomware
ransomware city hit themselves untangle off restore

444 +

Bitcoin ransomware attacks on the rise

Companies and governments around the world are being targeted by ransomware attackers. The hackers encrypt data and disable IT systems before demanding payment in exchange for the decryption key.

2019-7-28 10:00	BNC insights
ransomware systems disable data demanding decryption exchange

333 +

Vicious malware threatens to turn search engine into crypto-mining zombie botnet

Enterprise search engine Elasticsearch is under threat of being turned into a sophisticated cryptocurrency mining botnet to be used in distributed denial of service (DDoS) attacks. Cybersecurity firm Trend Micro describes a new malware strain that launches multi-stage attacks on publicly accessible databases and servers that run old versions of Elasticsearch software.

2019-7-23 17:54	hard fork
elasticsearch malware attacks trend servers old micro

357 +

UK Government to Focus on Crypto Asset Space as Part of New Financial Crime Clampdown Plan

Because it’s mostly untraceable and irreversible, cryptocurrency is still the number one choice for criminals to carry out or hide criminal activity or ill-gotten gains. The last few weeks have seen a slowly increasing number of cities in the U.

2019-7-15 20:29	Legal & Regulation
number criminals weeks seen gains criminal activity

338 +

La Porte County in Indiana Dishes Out $130,000 in Bitcoin Ransomware Attack

It's starting to seem like there’s no end to hack attacks on the horizon. All technology can be tweaked and manipulated to enable cybercriminals to carry out the illicit activity and what better way is there for them to receive their ransoms than to use untraceable, irrevocable cryptocurrency? 2019 has seen its fair share of […]

2019-7-14 18:48	Ransomware
out receive better illicit carry activity way

379 +

Google Research, Universities Release ‘Tracking Ransomware End-To-End’ Bitcoin Attacks Report

Google Research Shows Ransomware Criminals Cash Out $16 Million From Bitcoin Exchange According to a recently released report and research conducted by Google and leading US universities, $16 million were cashed out by criminals from the defunct Bitcoin exchange BTC-e.

2019-5-9 22:31	Ransomware
bitcoin google research million exchange out ransomware

357 +

Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research

By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world.

2019-5-9 11:50	Ransomware
ransomware google bitcoin million attacks leading ccn

443 +

New Cryptojacking Campaign Infects Asia Using More Profitable Tactics

Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.

2019-4-27 22:07	Privacy & security
mining cryptojacking virus report against symantec cyber

816 +

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
attacks hackers small kansas town taking against

353 +

Healthcare has a massive cybersecurity problem, and we’re not doing enough to fix it.

Not long ago, it was reasonable to think that financial businesses would be the most prominent and most profitable targets of criminal activity. After all, a successful bank robbery could score you tens of thousands of dollars (or more).

2019-4-23 17:29	Podium
healthcare these attacks criminal being year organizations

446 +

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

306 +

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.

2019-4-19 17:30	Ransomware
rose 2019 ryuk quarter largely due variant

256 +

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
ransomware patent attacks computer data bitcoin user

557 +

PayPal Aims to Prevent Crypto Ransomware Attacks With New Patent

Online payment giant PayPal won a U.S. patent to protect users from losing access to their data due to a crypto ransomware attack

2019-4-19 19:27	paypal
ransomware crypto patent paypal losing users data

344 +

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

374 +

The Average Bitcoin Ransomware Payment has Risen to $12,762

In the cryptocurrency world, it would appear most of the discussions pertaining to ransomware have quieted down. Not because the industry is no longer lucrative, but simply because such attacks have seemingly become so common it isn’t necessarily newsworthy anymore.

2019-4-18 11:08	Ransomware
ransomware risen average bitcoin payment attacks 762

297 +

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54	Privacy & security
group software security crypto lazarus worldbit-bot cryptocurrency

929 +

Here’s how personalized ransomware attacks work, and how to protect yourself

Once a piece of ransomware has got hold of your valuable information, there is very little you can do to get it back other than accede to the attacker’s demands. Ransomware, a type of malware that holds a computer to ransom, has become particularly prevalent in the past few years and virtually unbreakable encryption has made it an even more powerful force.

2019-3-28 19:54	Tech
ransomware powerful made web even encryption virtually

321 +

Dutch Bitcoin Ransom DDoS Hacker Gets No Additional Jail Time

Netherlands seems to be the place to operate elaborate Bitcoin ransom schemes from. A man who extorted over $150,000 from several online services by DdoSing them and submitting a ransom request pleaded guilty last month and admitted wrongdoing.

2019-3-19 02:00	Ransomware
time jail ransom 2017 additional bitcoin hacker

341 +

Crypto Ransomware Attack Affect Chinese Government Officials, Is North Korea Behind?

Ransomware Attack Affects Chinese Government Officials; Is North Korea Behind? Chinese officials have been targeted by a ransomware email attack a few days ago. There are some reports that are linking the attacks to North Korea.

2019-3-16 02:44	News
chinese north korea government officials attack ransomware

403 +

IBM: Cybercriminals Are Moving On From Ransomware to Cryptojacking

IBM researchers have found that cryptojacking dominated the cryptocurrency cybercrime scene in 2018, overtaking ransomware attacks. Experts say the comparatively less intrusive and stealthy nature of malicious crypto-mining is the primary reason why it is fast becoming the attack vector of choice for cybercriminals.

2019-3-3 14:30
cryptojacking ibm cybercriminals ransomware 2018 attacks moving

334 +

IBM Data Says Cybercriminals Are Replacing Ransomware and Malware Attacks For Cryptojacking

Hackers are always trying to find the most profitable ways to steal money from people online. Because of this, their attacks evolve together with the technology. If hackers used to send emails with simple viruses attached to them before, now they are using a lot more methods, including using other people’s computers to mine crypto. […]

2019-2-28 05:19	News
attacks people using hackers viruses attached emails

345 +

Cybercriminals Ditch Ransomware and Malware-Based Attacks for Cryptojacking: IBM Study

Increased security measures and awareness are driving cybercriminals to change their techniques in search of a better return on investment, ditching ransomware and malware-based attacks for cryptojacking attacks, according to a new study by IBM.

2019-2-28 20:03	#ibm
attacks cryptojacking ransomware cybercriminals ibm study malware-based

444 +

Coinbase Snaps Up Blockchain Intelligence Startup Neutrino

U. S. -based digital asset platform Coinbase has acquired blockchain intelligence startup Neutrino. The company made the news known earlier today, February 19, 2019, but the cost of the acquisition was not disclosed.

2019-2-20 23:12	Privacy & security
neutrino coinbase blockchain startup blockchains monitoring cryptocurrency

518 +

Coinbase Neutrino Acquisition Reveals History Of Spying and Gov’t Data Selling

Cryptocurrency exchange Coinbase is facing an increasing publicity nightmare after it emerged the CEO of a company it took over sold private user data to governments. Coinbase: Neutrino ‘Will Help Prevent Theft’ Announced February 19, Coinbase now owns Italian blockchain surveillance startup Neutrino, having acquired the company for an undisclosed sum.

2019-2-19 20:00
coinbase neutrino data company prevent theft help

351 +

New Malware Attacks Hold ASIC Miners to Ransom

According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine.

2019-1-24 21:37
ransom miners new infected malware bitcoin attacks

359 +

New Malware Attacks Hold ASIC Miners to Ransom By Threat of Overheating

2019-1-25 21:37
ransom new miners overheating bitcoin infected threat

327 +

Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country

The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018.

2018-12-1 00:00	Ransomware
ransomware cybercriminals cryptocurrency mining attacks talks 2018

376 +

Pirated Content and Software Drives Malicious Crypto Mining, Says New Report by Kaspersky Lab

Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years.

2018-11-30 15:59	security
mining pirated malicious cryptocurrency software content drives

473 +

SamSam Ransomware hackers that pocketed millions in bitcoin indicted in Atlanta

Over the past few years, SamSam has wreaked havoc on victims spanning the entire globe. SamSam is a type of malware called ransomware that blocks users access to their own networks and computers until is a ransom is paid to the attacker.

2018-11-30 00:00
samsam ransomware used hackers atlanta pocketed bitcoin

286 +

Kaspersky Labs: Mining Malware Got a Boost in 2018

Mining malware attacks grew to become on par with the risks of ransomware, activating during periods of growing market prices for cryptocurrencies.

2018-11-29 18:31	News
mining malware activating ransomware risks periods market

371 +

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	United States
ransomware bitcoin cryptocurrency iranians involved indictment iranian

416 +

U.S Sanctions First Bitcoin Addresses

The U. S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators. ” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions.

2018-11-29 08:00	sanctions
sanctions bitcoin addresses two cryptocurrency ransomware ofac

466 +

дальше еще 60 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

AI ransomware is on the rise as attackers scale up: Report

TRM Labs identified nine new ransomware groups that extensively use AI to scam their victims. Since the latest AI tools emerged, scammers have been using them in their attacks. On Monday, Oct. 6, blockchain analytics platform TRM Labs published a…

Ransomware kits built with AI are behind a 70% surge in attacks

Attackers are increasingly deploying AI tools to execute ransomware attacks at scale With the increased availability of AI tools, scammers are deploying ransomware at scale. According to a report by OutreachX, automation and AI are contributing to a significant increase…

Embargo ransomware group nets $34.2m within a year: TRM Labs

The Embargo ransomware group has stolen $34.2 million since emerging in April 2024, targeting victims across the healthcare, business services, and manufacturing.

Ransomware cashouts down 35% as victims snub demand: Chainalysis

Ransomware attacks surged last year, but victim payments declined as users refused to meet demands amid increased recovery efficiency by law enforcement.

US charges developer in LockBit group, paid in crypto

The U.S. Department of Justice has charged Rostislav Panev, a dual Russian and Israeli national, for his alleged involvement with the LockBit ransomware group. Panev, 51, is accused of working as a developer for the group, earning over $230,000 in…

Crypto CEO kidnapped in Toronto, $1m ransom paid for release

Toronto police are investigating the kidnapping of Dean Skurka, CEO of WonderFi. Skurka was abducted in downtown Toronto during rush hour on Wednesday, Nov. 6. He was later released after a $1 million ransom was paid electronically, per CBC. The…

Cencora paid $75m in Bitcoin ransomware: Bloomberg

Cencora, a healthcare solutions provider, paid a total of $75 million to a ransomware group earlier this year, according to Bloomberg. The publicly traded drug distributor, formerly known as AmerisourceBergen, reportedly sent Bitcoin (BTC) worth $75 million to cyberattackers following…

2021-4-30 18:33

ransomware attacks → Результатов: 109

2026-2-27 11:09

2021-7-4 12:42

2020-8-9 10:00

2020-5-26 22:40

2020-4-22 01:47

2020-4-19 12:35

2020-4-16 05:15

2020-4-6 17:00

2020-4-2 04:16

2020-3-23 19:10

2020-3-19 04:10

2020-2-27 19:00

2020-1-30 02:00

2020-1-8 19:10

2020-1-8 10:30

2019-12-18 06:00

2019-8-2 16:48

2019-7-28 10:00

2019-7-23 17:54

2019-7-15 20:29

2019-7-14 18:48

2019-5-9 22:31

2019-5-9 11:50

2019-4-27 22:07

2019-4-24 02:31

2019-4-23 17:29

2019-4-23 13:09

2019-4-19 17:30

2019-4-19 21:17

2019-4-19 19:27

2019-4-18 16:00

2019-4-18 11:08

2019-4-2 21:54

2019-3-28 19:54

2019-3-19 02:00

2019-3-16 02:44

2019-3-3 14:30

2019-2-28 05:19

2019-2-28 20:03

2019-2-20 23:12

2019-2-19 20:00

2019-1-24 21:37

2019-1-25 21:37

2018-12-1 00:00

2018-11-30 15:59

2018-11-30 00:00

2018-11-29 18:31

2018-11-29 12:16

2018-11-29 08:00

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO