Former US Director of cybersecurity: Crypto ransomware ‘running wild’
Ransomware is something the "average American" is worried about, says former cybersecurity top dog Chris Krebs Former Department of Homeland Security official Christopher Krebs called for greater governmental oversight of cryptocurrency in an interview yesterday, saying that anonymous payments are a threat “the average American is concerned about.” In an interview on Late Night with Bill Maher, Maher asked the former U.S. Cybersecurity & Infrastructure Security Agency director about his thoughts on Bitcoin. “What’s gonna happen with Bitcoin? Where do you see that going? That’s in sort of....
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A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150 Million in Bitcoin The Ryuk ransomware family has raked in $150 million in bitcoin, according to a joint report by cybersecurity firms Advanced Intel and Hyas. “The Ryuk family of ransomware has been particularly successful in economic terms as well as having a disruptive impact on many....
The new GoldenEye ransomware poses as a resume to infect computers belonging to HR departments. James Bond, the fictional spy, has met his match when it comes to deception. A new ransomware named after one of the Bond movies, GoldenEye infects work computers by posing as a job application. According to cybersecurity researchers, the GoldenEye ransomware is a variant of previously known Petya ransomware. The ransomware targets the HR departments of the companies as they receive hundreds if not thousands of emails from unknown people applying for job positions. A well-crafted mail delivers....
Two ransomware strains, CoinVault and Bitcryptor have been put to bed due to the joint efforts of law enforcement in Netherland and an independent cybersecurity firm. The authors of the malware sought ransom payments from victims in Bitcoin. Ransomware thieves who took Bitcoin payments in return for victims to access their files freely after their rogue file-locking methods have been put out of work. Two authors who allegedly developed the ransomware were arrested in Netherlands and Kaspersky, a cybersecurity firm has confirmed that it has amassed 14,000 decryption keys that are required....
The National Fraud Intelligence Bureau (NFIB), which is a cybersecurity watchdog in the UK, warned the public of a new bitcoin ransomware scam circulating these days. The NFIB said that emails pretending to have originated from the UK Home Office, Ministry of Justice, and domestic oil company British Gas have been distributing malware called TorrentLocker. TorrentLocker locks up a user's files until a bitcoin ransom is paid. However, reports from previous years have revealed that majority of victims have declined to pay up to 4 BTC to decrypt their documents. Bitcoin Ransomware Scam. The....