Why Monero [XMR] is a growing favorite among ransomware groups

News	2022-4-21 12:30

Monero is reportedly the most favored currency used by ransomware actors. A recently released study by CipherTrace reports on the trends in ransomware in 2021. The study titled, “Current Trends in RThe post Why Monero [XMR] is a growing favorite among ransomware groups appeared first on AMBCrypto. origin »

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Monero (XMR) на Currencies.ru

$ 381.16 (+0.11%)

Объем 24H $68.878m

Изменеия 24h: 0.08 %, 7d: 5.40 %

Cегодня L: $374.7 - H: $383.49

Капитализация $7.162b Rank 14

Цена в час новости $ 275.39 (38.41%)

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Источник: ambcrypto.com

ransomware monero → Результатов: 19

Report: Ransomware groups show preference for Monero, charge more for Bitcoin ransom

Ransomware attackers prefer to receive their ransom payment in a popular privacy token, Monero (XMR), due to its ability to obfuscate sending and receiving wallets, according to a report by blockchain analytics firm, CipherTrace.

2022-4-21 01:00	Hacks
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Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR.

2022-4-20 06:51
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Report: Crypto ransomware payments in 2021 was over $600 million

Cybercriminals are receiving a high percentage of their payments in Bitcoin and Monero, according to a Chainalysis report. The Crypto Crime Report examines the prevalence of illegal activities in the crypto space last year.

2022-2-11 16:05	Crime
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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
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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
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Monero Top Coin For Crypto Criminals, 5% of Total Supply Lost to Malware

Cryptocurrency mining malware took over from ransomware and other forms of malware last year as the top scourge of the internet. It comes as no surprise that Monero is still the coin of choice for crypto criminals looking to pilfer resources from the unsuspecting masses.

2019-1-10 09:23	XMR
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Monero (XMR) Community Tackles Crypto Malware Scene

The Monero Malware Response Workgroup Critics often express their displeasure for the crypto industry by pointing out that this up and coming technology, specifically privacy coins like Monero, enables and aids illicit acts, like ransomware, cryptojacking, and money laundering.

2018-10-2 03:47	XMR
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Monero Community Launches New Website to Battle Mining and Ransomware Attacks

After the launch of the Monero Malware Response Workgroup, Monero team is introducing a new website to protect users and educate them on cleaning up malware. The post Monero Community Launches New Website to Battle Mining and Ransomware Attacks appeared first on CoinSpeaker.

2018-10-1 12:04
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Monero Releases Malware Response Group and Successfully Patches Burn Bug

Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.

2018-9-29 23:18	Digital assets
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Monero slams crypto-jackers after mining malware hits government sites

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	hard fork
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Op Ed: Addressing the Threat of Cryptomining Malware

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	Privacy & security
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