We’re barely into 2022, and already we’re seeing ransomware proliferate. What we saw last year is that while most attacks continue to exploit known vulnerabilities, cybercriminals have also redoubled efforts to target new ones – such as what we saw with Hafnium and new Microsoft Exchange vulnerabilities.

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Canadian national Sebastien Vachon-Desjardins was charged by the US for his involvement in NetWalker ransomware attacks and sentenced to 6 years and 8 months in prison after pleading guilty before an Ontario judge on Monday to multiple offenses linked to attacks on 17 Canadian victims. The judge said that, although Desjardins cooperated with the authorities to help […]

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The cybercriminals behind the malware claim to have compromised more than a dozen companies; they have aggressively outed victims and purportedly paid a significant share of ransoms back to affiliates.

Russia allegedly took down ReVil, the notorious crypto-ransomware group which has been at the center of attention in several crypto-related attacks as we reported in our crypto news. The Federal Security Service which is the domestic intelligence service of Russia announced that it managed to dismantle the REVil ransomware group at the request of the […]

VPNLab.net, a VPN provider that was used by malicious actors to deploy ransomware and facilitate other cybercrimes, was taken offline following a coordinated law enforcement operation. Europol said it took action against the misuse of the VPN service by grounding 15 of its servers on January 17 and rendering it inoperable as part of a disruptive action that took place across Germany, the

Let’s take a look at all the cryptocurrency news over the last week.

The post Crypto News Roundup: Musk Gets Into Crypto, Star Trek Bacteria NFT, Bitmart Exchange Hacked appeared first on BitcoinChaser.

White House has constituted a ransomware task force that will explore ways to halt ransomware attacks, and trace the crypto payments paid to hackers. 

Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications.

In an interview with CNBC, cybersecurity firm FireFly’s CEO Kevin Mandia said that the advent of crypto is related to the increase in ransomware attacks.

The host of CNBC’s Mad Money expressed his concerns regarding China’s Bitcoin mining crackdown announcement.

On June 7, 2021, the US Department of Justice announced that they had managed to seize 63.69 BTC (valued at around $2.5 million)...