Has the Latest DarkSide’s Ransomware Been the Result of a Miscalculated Risk?
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....
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The world of Bitcoin ransomware has gotten a lot more creepy now that security researchers have announced it is all but impossible to crack the encryption used by the latest strain of TeslaCrypt. Keeping in mind how this Bitcoin ransomware is being spread by infected and networks on the main media outlet websites, there is an alarmingly high possibility of infection, and no way to do anything about it but paying the ransom fee. TeslaCrypt 3.0.1 is one type of Bitcoin ransomware that nobody wants to deal with right now.
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn, a publicly-traded Taiwanese company and one of the largest electronics manufacturing firms, suffered a cyberattack deployed by Doppelpaymer, a group of hackers specialized in ransomware attacks, who asked for a 1,804 bitcoin (BTC) ransom, worth over $34 million as of press time. According to Bleeping....
Bitcoin ransomware has been a thorn in the eye of many digital currency enthusiasts, and security experts have had a hard time coming up with solutions. Throughout the years, there have been various ransomware strains, all of which brought something new to the table and making it harder to be removed from an infected computer. But the latest solution by Bitdefender may put an end to most of the misery. A Solution To Bitcoin Ransomware? It is hard to ignore the damage caused by Bitcoin ransomware over the past few years, as there have been so many attacks against individual users,....
WARNING! There is a new ransomware on the block. With great power comes great responsibility! However, it is unfortunate that cybercriminals are leveraging upon the power of bitcoin (especially anonymity and ease of transfer) for all the wrong purposes. Recently many computers around the world were targeted by multiple ransomware. These ransomware - TorrentLocker, CTB-Locker and the latest TeslaCrypt enters the computer through infected files that the user might have downloaded as an email attachment or a software patch/ plugin. Once written to disk, they gain access to stored data to....
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.