DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored Nort...
The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid by health care providers in Kansas and Colorado. DOJ Seizes Crypto From North Korean State-Backed Group The U.S. Department of Justice (DOJ) announced Tuesday that it has seized and forfeited approximately $500K from North Korean ransomware actors and their conspirators. The department added that it....
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The FBI has seized 63.7 bitcoin that are allegedly part of a ransom paid by Colonial Pipeline to hacker group DarkSide.
Four New Jersey-based online casinos were asked to pay a bitcoin ransom over the weekend, after being hit with distributed denial-of-service (DDoS) attacks. According to the state's Department of Gaming Enforcement (DGE), cited in a statement published by ABC News, the attacks took place in two stages. An initial DDoS attack was followed by threats of further and more severe attacks if the targeted websites did not complete bitcoin payments. Agency director David Rebuck said no bitcoin ransom had been paid, but noted the attack "had the potential to not only negatively impact the targeted....
Encrypted email service provider ProtonMail recently and grudgingly gave in to a ransom demand of 15 bitcoin (approx $6000) to attackers who targeted the service with destructive Distributed Denial of Service (DDoS) attacks. ProtonMail, an encrypted email service set up by CERN scientists in Geneva and researchers at MIT, has revealed crippling DDoS attacks to be the cause of a recent outage suffered by the crypto e-mail service provider. Two groups are believed to be behind the attacks, one of which began the cyber-strikes and put forth the ransom demand. The website remains down at the....
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement officials have observed North Korean cyber actors targeting specific blockchain companies in the industry. FBI Alleges North Korean Hacking Activity Is on the Rise, Report Highlights Lazarus Group’s Activities The FBI, alongside a number of U.S. agencies, published....
Hackers creating online malware attacks typically demand bitcoin ransom, as this prevents authorities from tracking where the payments went. Bitcoin transactions are anonymous and irreversible, making these the usual mode of ransom required by scammers. Just recently, a company based in Brisbane suffered internal data theft and was demanded to pay bitcoin ransom to its hackers. Initially, the company refused to make the payments but the hackers escalated their threats. Bitcoin Ransom Payment. Eventually, the Australian firm gave in to the demands and gave the hackers the amount they wanted....