2020-6-11 18:29 |
Florence, Alabama, was targeted by the DoppelPaymer ransomware attack and officials plan to pay the ransom demanded.
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A new malware technique makes a company's files public if it refuses to pay ransom.
2019-12-21 19:55 | |
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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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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 | |
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Officials in Lake City, Florida, paid $500,000 worth of bitcoin to hackers who had brought down the city's computer system for two weeks. Lake City is the second Florida town in as many weeks to pay a bitcoin ransom as a result of a ransomware attack.
2019-6-27 22:16 | |
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Riviera Beach, a tiny city of roughly 35,000 people located just north of West Palm Beach in Miami, Florida, has been crippled by a deadly ransomware attack and the leaders of the city have agreed to cough out a whopping 65 bitcoin (over $650,000 at press time) to regain their files, according to a NewRead MoreRead More.
2019-6-23 21:00 | |
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Riviera Beach city officials voted to pay 65 BTC to hackers who seized control over the city’s online utility system
2019-6-21 23:26 | |
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Baltimore refused to pay a $76,000 ransom after a cyberattack crippled thousands of computers for a month. It wasn't the first US city to face a ransomware attack, and local governments are scrambling to find better security and post-hack relief.
2019-6-11 22:18 | |
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By CCN: Total costs from the crypto ransom attack last month on Baltimore’s networks is likely to exceed $18 million. According to Ars Technica, this will include $10 million to fund the full recovery of the IT infrastructure.
2019-6-6 17:40 | |
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Officials investigating the Bitcoin-fueled ransomware attack that hit Baltimore City last month believe the hackers have leaked government documents on Twitter. A Twitter account claiming to be owned by the hackers appears to have been used to leak the sensitive documents, The Baltimore Sun reports.
2019-6-5 16:36 | |
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By CCN: Most of the Baltimore City’s government systems have been locked down since May 7th as a result of the “Robbinhood” ransomware attack. The successful crypto locking has forced the city to go “manual” in most aspects of its daily business and has affected several areas of life.
2019-5-16 08:27 | |
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ProPublica reveals 89% increase from Q4 2018 to Q1 2019 in average ransomware payouts. Many recovery companies choose to pay out the hackers, though others still attempt to decrypt the data without paying.
2019-5-16 05:29 | |
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A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.
2019-5-16 22:30 | |
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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 | |
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Cybersecurity has long battled against ransomware. Scammers that use general hacking are a lower level of threat, but the use of ransomware puts computers at risk of being completely shut down. This kind of software being integrated into a network has the power to completely ruin a system, and LockerGoga is taking full advantage. LockerGoga […]
2019-3-27 01:58 | |
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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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Connecticut’s West Haven City Council Agrees to a $2,000 Demand to get rid of a Ransomware Connecticut’s West Haven City Council has paid a whopping $2,000 in bitcoin to cyber criminals in order to get rid of a malware.
2018-10-28 17:29 | |
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Ransomware attacks are still a pressing problem in 2018. Although such stories have seemingly become less apparent in the past few months, the city of West Haven in Connecticut was forced to make a crucial decision.
2018-10-27 21:09 | |
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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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A company based in Norwalk, Connecticut is helping small businesses deal with ransomware attacks by negotiating with cybercriminals to reduce ransom amounts and paying them in bitcoin, a Forbes report from September 17, 2018, showed.
2018-9-19 21:00 | |
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Court documents allege that Eisenberg possessed sexually explicit images of minors on his electronic devices, including images of prepubescent minors and minors under 12 years of age.
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present.
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023.
The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion for release “unpersuasive.”
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.