2020-2-27 21:17 |
Ransomware has cornered victims into paying $144 million in Bitcoin since 2013
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With over $4b in stolen cryptocurrency so far this year in hacks alone, the growing number of Hacks, Scams, Ransomware, Ponzi schemes and other nefarious actions call for the need of an effective system for victims to attempt to reclaim these funds.
2019-11-1 15:05 | |
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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 | |
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Criminals who distributed the Sodinokibi ransomware threat earned a huge payday from victims who paid the requested Bitcoin ransom. According to researchers at McAfee, who tracked down several posts published on underground forums, one particular distributor made the equivalent of $287,499 in Bitcoin in just 72 hours.
2019-10-14 17:00 | |
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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 | |
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Last Wednesday, French police shut down a massive botnet that managed to install malware on over 850,000 computers. This network was partially used to distribute ransomware and carry out data theft.
2019-9-3 14:33 | |
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Presenting itself as an app to help players cheat at the online battle royale game Fortnite, Syrk encrypts files on a user’s hard drive and demands a ransom paid in crypto. If the ransom is not paid, the malicious software begins deleting files one by one.
2019-8-28 18:50 | |
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Cybercriminals are always on the lookout for new victims and it looks like Fortnite players are their most recent choice. New ransomware called Syrk is currently targeting players and encrypting files if the ransom is not paid.
2019-8-27 23:42 | |
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A new ransomware masquerades as a Fortnite cheat and asks victims to pay up in crypto.
2019-8-27 22:00 | |
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An insidious new strain of Bitcoin ransomware adds insult to injury for its unfortunate victims, as it refuses to restore access to your data - even after you fork over the ransom payment. The malware, GermanWiper, tells victims it has encrypted their data, when in reality it has erased it completely.
2019-8-8 19:41 | |
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An insidious new strain of Bitcoin ransomware adds insult to injury for its unfortunate victims, as it refuses to restore access to your data – even after you fork over the ransom payment. The malware, GermanWiper, tells victims it has encrypted their data, when in reality it has erased it completely.
2019-8-9 19:41 | |
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If you’re using an Android phone, there’s a new family of ransomware attack that leverages SMS to spread, according to new research from Slovakia-based cybersecurity firm ESET. The ransomware — referred to as Android/Filecoder.
2019-7-31 14:19 | |
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While the entire cryptospace is busy celebrating the return of the “bulls,” bad actors have formulated a new scheme aimed at stealing victims’ cryptos and injecting ransomware into their systems. These hackers are now using several websites to push their fake bitcoin (BTC) and ether (ETH) giveaway programs, according to a Bleeping Computer report onRead MoreRead More.
2019-5-28 13:00 | |
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Have you come across a new “Bitcoin Collector” program promising up to $45 worth of free cryptocurrency each day? It might sound enticing, but best to stay away: the app is a virus designed to infect your system with ransomware or password-stealing malware.
2019-5-27 13:30 | |
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A ProPublica investigation revealed that two ransomware companies claiming to use high-tech means to recover victims' data instead paid bitcoin ransoms to the hackers. Customers don't know they're paying extra.
2019-5-17 21:03 | |
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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 | |
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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 | |
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A squad of cybersecurity firms have tracked a ransomware threat spreading across the internet known as Ryuk, which has collected over 705 BTC in just five months, estimated to be worth the equivalent of $3.
2019-1-14 14:13 | |
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Latest Bitcoin News In a laughable move, the United States Treasury Department Office of Foreign Assets Control has issued “sanctions” against two Bitcoin addresses–149w62rY42aZBox8fGcmqNsXUzSStKeq8C and 1AjZPMsnmpdK2Rv9KQNfMurTXinscVro9V—belong to two Iranians–Ali Khorashadizadeh and Mohammad Ghorbaniyan, accused on assisting hackers launder their Bitcoin proceeds.
2018-11-30 10:15 | |
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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 | |
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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 | |
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One of the more problematic trends over the past few years comes in the form of ransomware. It would appear one particular group, referred to as SamSam, is mainly intent on targeting potential victims in the United States.
2018-11-9 21:00 | |
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Researchers have unearthed a new cryptocurrency ransomware scheme that implicates a group of Russian-speaking hackers into stealing large sums of Bitcoin (BTC) from unsuspecting victims – and laundering the stolen funds on an obscure cryptocurrency gambling site, reported TheNextWeb.
2018-11-1 18:21 | |
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Researchers have unearthed a new cryptocurrency ransomware scheme that implicates a group of Russian-speaking hackers into stealing large sums of Bitcoin from unsuspecting victims – and laundering the stolen funds on an obscure cryptocurrency gambling site.
2018-10-31 16:00 | |
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The Monero community has publicly denounced the individuals behind the massive cryptocurrency mining malware campaign, designed to steal users’ computing power to illegitimately bank on XMR. “The Monero community condemns this malicious, non-consensual use of equipment to mine,” the statement reads.
2018-9-28 16:38 | |
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Despite oft-repeated advice to never pay in response to a ransomware attack, the reality is that this is not always a possibility. However, the desire to pay as little as possible has given rise to companies like Coveware.
2018-9-20 02:00 | |
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In early 2016, reports of a particularly crippling ransomware attack began to surface. While many of the victims were based in the U. S. , the attacks were also witnessed in other parts of the world.
2018-8-6 03:00 | |
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Illicit cryptocurrency mining, or “cryptojacking,” has become more popular among cybercriminals than ransomware, according to a report by Skybox Security. In its mid-year update, the firm said that crypto miners now account for 32 percent of all cyberattacks, while ransomware only makes up 8 percent.
2018-7-19 23:11 | |
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One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers.
2018-7-18 23:18 | |
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An old ransomware, indeed one of the first in the market, is trying to attack new victims as technology improves. Named Rakhni, the ransomware will be adding a crypto mining component that is able to be deployed on some computers.
2018-7-12 09:10 | |
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Notorious Ransomware Rakhni has reinforced its software to infiltrate the victim's computers with illicit cryptojacking malware. Just last week Kaspersky Lab products had detected new malicious samples related to the infamous Trojan family Trojan-Ransom.
2018-7-11 13:10 | |
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Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû
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Merging AI and crypto could lead to a new era of blockchain-enabled AI, which prioritizes privacy and unlocks powerful new applications.
In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket's (negligible) impact on Polygon's bottom line.
The crypto industry should proactively focus on compliance and make it central in product development.
The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program.
From improving security to driving data-driven decision-making, AI is the key to unlocking blockchain’s full potential.
Blockchain-fueled neobanks are the optimal solution to dismantling the barriers that have excluded many from basic financial opportunities.
One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients.