Tags: Ransom

Stablecoins now dominate 63% of illicit crypto transactions, surpassing Bitcoin as criminals exploit their speed and regulatory blind spots.

Illicit activity involving cryptocurrency has declined so far this year, according to recent research from Chainalysis, but the news is not all good. 

Centralized exchanges are now prime targets, driving up stolen funds significantly wile ransomware attacks are on track to break records in 2024.

Ransomeware crisis deepens as Akira drains millions from 250 companies.

OFAC flagged ten wallet addresses associated with the two LockBit affiliates.

Ransomware payments hit an all-time high in 2023, exceeding $1 billion.

Explore the inner workings of a cyberattack, and understand its stages and techniques to strengthen cybersecurity defenses.

SmokeLoader, RaccoonStealer (also known as RecordBreaker) and Vidar top the charts, according to BlackBerry’s list.

Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.

Unlike scams, ransomware attacks are “agnostic to Bitcoin price actions,” says Cybercrime Research Lead Eric Jardin.

Anonymous callers placing fake bomb threats are trying to extort thousands of dollars in Bitcoin from employees of various retailers.

U.S. Charges Russian In Ransomware Scheme Worth Up To $200 Million

The hacker was allegedly involved with multiple ransomware strains that attacked police departments, hospitals, and the Colonial Pipeline.