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Tag: ransomware attackers

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Ransomware Grew 45% H1 2023 Targeting Smaller Organizations

Cyber Security | Sep 27, 2023 Image: Wikimedia Commons/BlueBreezeWikiThe cyber landscape in 2023 has witnessed a significant surge in ransomware attacks, with small businesses...

Mom’s Meals issues “Notice of Data Event”: What to know and what to do

by Paul Ducklin US food delivery compeny PurFoods, which trades as Mom’s Meals, has just admitted to a cyberintrusion that...

Crypto Crime Sees a Sharp Decline in First Half of 2023, Bitcoin Price Shoots Up – The Daily Hodl

HodlX Guest Post  Submit Your Post   Crypto is back in the black after a tumultuous 2022, with BTC skyrocketing 79% throughout the year so far. The best...

2 Years After Colonial Pipeline, US Critical Infrastructure Still Not Ready for Ransomware

As the second anniversary of the massive ransomware attack on Colonial Pipeline nears, experts warn that efforts to thwart the potentially debilitating threat to...

US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals,...

Recent Senate Hearing Shows Mixed Feelings Towards Crypto

A recent Senate hearing on crypto shows just how divided the congressional floor is on the world of digital assets. Some really think it...

Majority of Ransomware Attacks Last Year Exploited Old Bugs

Many vulnerabilities that ransomware operators used in 2022 attacks were years old and paved the way for the attackers to establish persistence and move...

DOJ, FBI hack Hive Network, save US$130 mln from crypto ransomware attacks

The U.S. Department of Justice (DOJ) has concluded a months-long disruption campaign, in cooperation with the Federal Bureau of Investigation (FBI),  against crypto ransomware...

Ransomware Profits Decline as Victims Dig In, Refuse to Pay

In another sign that the tide may be finally turning against ransomware actors, ransom payments declined substantially in 2022 as more victims refused to...

Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay

Ransomware attackers extorted $456 million in 2022 compared to $765 million in 2021. In 2019, only 24% of victims refused to pay attackers, but...

Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis

Ransomware victims have seemingly had enough of the extortion, with ransomware revenues for attackers plummeting 40% to $456.8 million in 2022.Blockchain intelligence firm Chainalysis...

Ransomware Payments ‘Significantly Down’ in 2022: Chainalysis

Ransomware payments are down 40.58%, according to a new report by blockchain forensics firm Chainalysis. In the report released Thursday, Chainalysis says ransomware attackers...

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