FBI dismantles Hive malware network, saves $130 million in ransom payments
The FBI gained access to the network months ago and has been giving decryption keys to Hive victims, before finally seizing the malware infrastructure.
Latest ransomware News
Ransomware revenues dip 40% as victims ‘refuse to pay’: Chainalysis
The Chainalysis report says that a record 48% all cyber criminals now prefer centralized exchanges, shining a light on Binance and other unregulated exchanges.
Leveraging blockchain for cybersecurity—SmartLedger team talks to the Food Institute podcast
In a podcast, the team behind SmartLedger shed light on how blockchain technology can be of vital use in addressing and preventing a cyberattack and the success of their tool, Sentinel Node.
US authorities dismantle ransomware-friendly Bitzlato exchange, arrest co-founder
The DoJ’s complaint against Anatoly Legkodymov, a senior executive and major shareholder of Bitzlato, notes that it was founded in 2016 and has processed nearly $4.6B in transactions since May 2018.
Binance is bad news—is anyone still surprised?
FBI special agent Daniel Sirmons believes that funds deposited into Binance accounts are from ransomware attacks and, thus, subject to civil forfeiture, a move the exchange said it wouldn't comply with.
Bitcoin ZK Bounty Series: Part 1 — Pay for Decryption Key
Zero-Knowledge Bounties provide a solution to a Sudoku problem and the classic fair exchange problem, providing assurance that payment will result in disclosing the right decryption key.
FBI, 2 other US security agencies ramp up campaign vs ransomware with help from citizens
As cyberspace becomes increasingly vulnerable to attacks due to the proliferation of malware groups, security agencies rely on the public for help in preventing likely destructible outcomes of these threats.
Alleged Russian ransomware attacker indicted, faces extradition from the Netherlands
Denis Mihaqlovic Dubnikov and his co-conspirators, who are yet to be identified, are accused of laundering as much as $70 million extracted using the Ryuk malware variant.
DOJ recovers $500K digital asset and fiat from hackers linked to North Korea
The FBI traced the funds after a report filed by the Kansas medical center. The bureau identified the malware used in hijacking the servers as a strain called "Maui."
Senate HSGAC hearing on ransomware shows blockchain isn’t what most think it is
What transpired during the hearing was that while many think digital currencies like Bitcoin are untraceable systems destined to bring about an era of anarchy and chaos, quite the opposite is true.
UK legislative agenda includes bills regulating digital currencies
The bills are highlighted in The Queen's Speech 2022, delivered during the State Opening of Parliament and published by the Prime Minister's office.
US offers $15M reward for information on Russian ransomware group Conti
The U.S. State Department is offering up to $15 million in rewards for any information that can help it crack down on Conti, a Russia-based ransomware group.