Ransomware attackers use malicious software to block access to data and demand ransom in return, oftentimes deploying the threat to make proprietary data public.
A significant amount of cryptocurrency activities in the Eastern Europe is related to the dark market and ransomware, according to a Chainalysis report.
Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace.
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up by the Ragnar Locker malware.
Argentina’s leading telecommunications company fought off a cyberattack on Saturday where hackers demanded a hefty ransom in monero to release keys that would allow infected computers back into the system.
Ransomware group Netwalker is believed to be behind the attack on UCSF, which temporarily restricted access to the medical school’s data.
By the end of 2019, at least $128 million in bitcoin had been paid to ransomware hackers. That's not good optics for a payment system.
The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.
A new malware technique makes a company's files public if it refuses to pay ransom.
Hackers can make up to $130,000 a month for a $10,000 investment.
Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake.
A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.
The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.
Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.