Private-Public Partnership Launched to Combat Ransomware
The public and private sectora are now joining forces to stop ransomware as part of an international initiative to combat cybercrime. Groups participating in the project include Intel Security, Kaspersky Lab, the Dutch National Police and Europol. International Crackdown on Ransomware. The initiative, called “No More Ransom,” has a simple goal: make it more difficult for cyber criminals to capitalize on ransomware by outsmarting them. The organizers plan on doing this by both offering people decryption keys and advice on how to avoid becoming victims in the first place, thus avoiding....
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A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely regulated,” the task force wrote. White House Urged to Tighten Crypto Regulation A task force, organized by the Institute for Security and Technology, submitted a report entitled “Combating Ransomware” to the Biden administration Thursday with 48 recommendations, some of which aim....
The master decryption keys for the ransomware, CrySis, has been released to the public, news that will undoubtedly come as a pleasant surprise to those victimized by the malware. Another Ransomware Tool Bites the Dust. The decryption keys first became public when a user posted them on a the forums of bleepingcomputer.com. The user, known only as crss7777, posted the decryption keys on the forum at 1 AM Sunday morning. Researchers at Kaspersky Lab, who have recently launched an anti-ransomware campaign in conjunction with Intel Security and international law enforcement this summer, quickly....
The U.S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. FBI Is Aware of Cold-Calling Tactics by Ransomware Gangs According to a PIN (private industry notification) alert regularly sent to U.S. companies to inform them about the latest updates in the cybersecurity sphere, shared by Zdnet, the FBI has been aware of incidents since February 2020, where Doppelpaymer has cold-called companies to intimidate victims by demanding them....
Ransomware has been on the rise as of late, and it is a cyber security threat a lot of businesses and government services are taking seriously. According to Chainalysis, the blockchain monitoring company, more ransomware-related arrests from law enforcement are on the horizon. Can Companies Like Chainalysis Curb Ransomware and Cyber Crime? Cybercriminals....
A group of online hackers is using their sense-of-humor – and an indisputable love for Saw movie series – to rob people off their Bitcoin. The said group has launched a notorious ransomware attack on personal and private computer networks all across the world. Amusingly, the ransomware is named after the antagonist of the SAW series – the trike-riding menace known as Jigsaw. According to the available reports, the said bitcoin ransomware is beating even its predecessors in terms of intimidation. The malware creates a sense of urgency among the victims by deleting files until the ransom....