International Operation Disrupts Ransomware Group Netwalker by Tracing Crypto...

International Operation Disrupts Ransomware Group Netwalker by Tracing Crypto...

In collaboration with Bulgarian authorities, the U.S. Department of Justice (DOJ) disrupted a well-known ransomware gang’s infrastructure. Law enforcement seized their servers and traced the illicit funds with the help of blockchain forensic analytics via Chainalysis. US Authorities Seized Over $454,000 Worth of Cryptocurrencies Per the U.S. Department of Justice’s announcement, the coordinated action took down Netwalker, a highly active ransomware group over the last year, specifically targeting the health care sector. The U.S. authorities also indicted a Canadian national,....


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DoJ, Chainalysis work to break up ransomware network that targets hospitals

The Department of Justice has seized half a million dollars in crypto from NetWalker, in an operation that also involved Bulgarian authorities. United States authorities have hit a major malware operator, with help from leading blockchain analytics firm Chainalysis.On Wednesday, the Department of Justice announced the seizure of $454,530.19 in cryptocurrency from NetWalker, a ransomware operator the Federal Bureau of Investigation alleges to have targeted hospitals globally amid the COVID-19 pandemic. Piggybacking on the DoJ's announcement was Chainalysis, which took the opportunity to....

US Government Takes Aim at NetWalker Ransomware Attacks

Prosecutors indicted an alleged NetWalker affiliate and coordinated the takedown of darkweb resources.

A U.S. State Prosecutor’s Office Paid $1,400 in Bitcoin to Ransomware Extortionists

Details of a sweeping international ransomware operation which had seen cybercriminals rake in millions in bitcoin from hundreds of thousands of victims around the world include a state prosecutor’s office in Pennsylvania, a report has revealed. The Avalanche group are the instigators and profiteers of ill-gotten gains from a comprehensive ransomware operation that had been active from 2010. Conservative estimates peg that the group may have compromised at least 500,000 computers around the world. A joint operation between U.S. and European Union authorities, alongside cooperation from 40....

International Community Eyes Crypto, Calls For Greater Scrutiny To Stop Ranso...

In a joint statement published by the White House, members from the Counter Ransomware Initiative acknowledged that crypto could be facilitating ransomware attacks around the world. Related Reading | Ransomware Group REvil Hacks 200 U.S. Companies, Demands $70M In Bitcoin As Ransom Representatives from the European Union, Canada, United Arab Emirate, the United, Kingdom, the […]

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB Hits Cybercrime Group Revil On Friday, the Federal Security Service of the Russian Federation (FSB) announced it has conducted raids against Revil in the capital Moscow, St. Petersburg,....