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,....
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REvil has reportedly pulled off the biggest ransomware attack in history. Deploying a vicious malware that has affected 200 companies in the United States. And over a million companies across the world. According to the group, they deployed a universal malware that has infected over a million network systems. REvil is now demanding $70 million […]
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 […]
Ransomware has been on the rise as of late, and it is a cyber security threat a lot of businesses and government services are taking seriously. According to Chainalysis, the blockchain monitoring company, more ransomware-related arrests from law enforcement are on the horizon. Can Companies Like Chainalysis Curb Ransomware and Cyber Crime? Cybercriminals....
The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware.
US Seizes Bitcoin Worth Over $2 Million
The Federal Bureau of Investigation (FBI) has seized almost 40 bitcoins from a Russian resident tied to Revil and Gandcrab ransomware, according to a court document unsealed Tuesday. The forfeiture complaint reads:
The United States of America files this verified complaint in rem against 39.89138522 bitcoin seized from....
Chainalysis has stated that ransomware arrests will soon take place targeting cyber criminals behind ransomware attacks. Rise of Ransomware Attacks. Over the past six months, ransomware attacks have become an issue to government, business and healthcare organizations. In January, CCN reported that three banks and a pharmaceutical company in India had been targeted by a ransomware scheme with the ransom demand in bitcoins. Three Greek banks were reported hacked last November with the hackers demanding their ransom be paid in bitcoins. While the individuals in question were unable to gain....