Ransomware


Policy

Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis

According to the blockchain analytics firm, less than half of recorded ransomware attacks resulted in victim payments.

Hacker (Getty Images/Seksan Mongkhonkhamsao)

Policy

U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion

The U.S. State Department is offering a $10 million reward for information that leads to the apprehension of 31-year-old Russian national Dmitry Khoroshev.

LockBit's site has been taken over by federal authorities. (UK National Crime Agency)

Policy

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

Rabotnik, 24, has also been ordered to pay over $16 million in restitution.

Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)

Videos

Ransomware Payments Reached $1.1B in 2023: Chainalysis

A report from Chainalysis shows that ransomware payments hit a record high of $1.1 billion last year despite the decline in ransomware volume seen in 2022. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Policy

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

LockBit hit more than 2,000 different victims, who forked out north of $120 million in payments, according to a DOJ press release.

LockBit's site has been taken over by federal authorities. (UK National Crime Agency)

Finance

Mining Pools Are the New Mixers For Cybercriminals: Chainalysis

Hackers have a new way to recycle their ill-gotten crypto gains.

Mining rig (Getty Images)

Policy

Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea

Denis Dubnikov was sentenced to time served, a $10,000 fine and a $2,000 forfeiture.

The Ryuk ransomware gang may have been named after a Japanese manga character. (Andrew Evans, modified by CoinDesk)

Tech

Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs

The sanctioned hacking group with Russian origins is now operating as Black Basta, BlackByte and Karakurt, blockchain intel firm says in a new report.

The WannaCry ransomware attack infected over 200,000 computers in 2017.

Policy

Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge

Denis Dubnikov was arrested in the Netherlands and extradited to the U.S. last year.

(Shutterstock)

Finance

Ransomware Variants Are on the Rise but Overall Gains Decline: Chainalysis

Victims appear to have become less willing to pay, according to a new report.

Report Says Enforcing KYC and AML Laws Key to Reducing Ransomware Attacks

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