You’re Most Likely to Catch Ransomware in Vegas, Says Study
Beware of phishing attacks when in Las Vegas, according to a new study. Sin City has been found as the most likely place to catch Bitcoin ransomware in the United States. The unsuspecting, lay internet user is most prone to ransomware infections in Las Vegas, a survey by internet security company Malwarebytes revealed. Ransomware is malicious computer code that’s commonly downloaded via email attachments. These are distributed using phishing attacks, where the malicious contents are housed within a seemingly friendly email. The code essentially takes a user’s computer hostage, accompanied....
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It is evident the United States have quite a few things to worry about. Their next President is getting all of the media attention, but malware should not be underestimated either. One of the primary reasons why bitcoin is becoming so popular is due to the ransomware threat This type of malicious software corrupts computer files and encrypts them. Restoring data access is – in most cases – only possible by paying a bitcoin fee. But as it turns out, Las Vegas is somewhat of a malware hub these days. It is not uncommon to see ransomware being distributed in the US on a large scale. Various....
For the longest time, people have assumed the profits made from ransomware attacks is very lucrative. But a recent study by Flashpoint paints an entirely different picture. While there is still money to be made, the numbers are far lower than most people think they are. Flashpoint conducted a five-month study of a Russian ransomware operation to see how lucrative this business model is. As it turns out, the operators of this service make far less money than most people anticipated. The “upper brass” makes US$90k per year, which is still a nice amount, but not that high all things....
In fact, 1% of attacks saw a demand of US$150,000 to be paid in Bitcoin. Ransomware developers are always one step ahead of security researchers these days. Not only in the way their software works, but also how they target potential victims. American businesses are seeing an influx in ransomware attacks all of a sudden. More particularly, company executives are a prime target for ransom are right now. While nearly nine in ten ransomware attacks are targeting hospitals these days, corporations are not out of the woods just yet. A new study unveiled how 40% of businesses investigated had....
Online gambling is one of the most successful industries in the web. Since Bitcoin first appeared there have been a lot of gambling sites popping out. Many of these sites have seen the potential of this new digital currency and tried to implement a new business model where Bitcoin was the central key. Currently, the Bitcoin gambling Industry continues to grow faster than ever before. The online gambling industry has now its eyes set on digital currency and new part of the Bitcoin story is about to begin. Vegascasino.io is one of the many Bitcoin casinos that offer gamblers the chance to....
Up to this point, there have been two main reasons people decide to use bitcoin— either for censorship-resistant payments or as a store of value. However, in 2016, a new application for the use of Bitcoin as a censorship-resistant payment system, ransomware, experienced immense growth. According to some industry watchers the core issue with ransomware....