The government of Australia has come up with a new plan to combat increasing ransomware attacks, including allowing seizure and freezing of digital currencies by authorities.
The U.S. government is doubling down on its anti-cybercrime efforts, this time meeting with NATO allies and 30 other nations to chart an actionable cause of action.
Though the Biden administration is considering a number of options, digital asset and blockchain-related regulation is likely to play a large part in its fight against the recent ransomware attacks.
Ransomware attacks involving cryptocurrency have raked in over $32 million this year (2021)–recently launched Ransomwhere tracks this data.
REvil, a ransomware group linked to Russia, deployed a malicious software update that hit Kaseya, compromising more than a million computers and stealing data by attacking Kaseya customers.
The DoJ issued the guidance to U.S. attorney’s offices across the country, alerting them to the rising danger cybercriminals pose and urged for coordinated response and investigation with Washington.
According to the latest report by Chainalysis, ransomware attacks have led to over $80 million in ransom payments globally in the first four months of 2021.
The Chainalysis report revealed that illicit activities only accounted for 0.34% of all digital currency activity, or roughly $10 billion.
Law enforcement officials in the United States have led a coordinated international law enforcement action to disrupt a sophisticated form of ransomware known as NetWalker.
Binance accounts may have been used to launder over a million dollars in proceeds from the "Ryuk" ransomware, according to a new report.
Users in India are nearly five times as likely as digital currency users elsewhere to encounter the so-called “cryptojacking” attacks.