The US Offers A $10M Reward For Information On DarkSide Ransomware Group
Things are getting serious in Fiat-land. The DarkSide saga continues with a press release from the U.S. Department of State that offers up to $10M for “information leading to the identification or location of any individual(s) who hold(s) a key leadership position in the DarkSide ransomware variant transnational organized crime group.” Plus, up to $5M for “information leading to the arrest and/or conviction in any country of any individual conspiring to participate in or attempting to participate in a DarkSide variant ransomware incident.” Related Reading | Monero Featured In Last....
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Over the course of this year, DarkSide, a group of Russian hackers got the attention of the U.S. Department of State. In May 2021, DarkSide was responsible for a ransomware attack on Colonial Pipeline, extorting $5M for not leaking data they had on the Pipeline’s network. This is considered to be one of the major ransomware attacks on the U.S. infrastructure to this date. What we know about the DarkSide is that they: Operate as Ransomware as a service (Raas) Get their ransom in Bitcoin The U.S. Department of State issued an award of $10M for information that would lead to finding the....
Look, we have to nip this narrative in the bud. The New Republic recently published a hit piece on cryptocurrencies. It relates them to Ransomware Attacks, references the DarkSide saga, and claims, “ It’s never been easier to hack a company, get paid for it, and escape scot-free.” Is it, though? What they conveniently left […]
A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment as more criminal groups want only XMR. A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of ransomware.“Current Trends in Ransomware” delves into trends observed during 2021 but was only released this week. The firm revealed there was almost a 500% increase in “double extortion” ransomware attacks from 2020 to 2021. These are cyber attacks in which malicious actors steal a....
Europol, the Dutch national police, McAfee, Intel Security and Kaspersky Labs have spent this past summer helping victims of ransomware. Calling themselves the “No More Ransom Project,” the group helps people learn about ransomware and how to prevent it, as well as offering tools to help victims recover lost data. A Web Portal Dedicated to Preventing and....
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand the company allegedly fulfilled. Darkside Gang Is Allegedly the Author of the Ransomware Attack According to Bloomberg, Colonial Pipeline paid almost $5 million worth in “difficult-to-trace” cryptocurrencies to hackers allegedly from Eastern Europe. The report contradicts initial claims....