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Ransomware Attack
Banning Crypto to Stop Hackers Is Like Banning Cheese to Stop Mice
A Wall Street Journal op-ed argues banning crypto can stop ransomware attacks, like the one on the Colonial Pipeline. The notion is ridiculous, says our columnist.
DHS to Issue First Cybersecurity Regulations in Wake of Colonial Pipeline Hack
The Department of Homeland Security (DHS) is issuing a security directive that will require pipeline companies to report cybersecurity incidents to the agency. "The Hash" panel discusses how the Colonial pipeline ransomware hacking incident demonstrates the need for collaboration between government and industry on security.
Bitcoin Wallet Used by DarkSide for Ransom Payments ID'd by Elliptic
Since becoming active, the wallet has received bitcoin transactions totaling $17.5 million, the data analysis firm said.
Ransomware Attack Forces Major US Pipeline to Shut Down
A ransomware attack, apparently carried out by a criminal group over the weekend, forced Colonial Pipeline, which carries nearly half of the East Coast's gasoline and diesel, to shut down. CoinDesk's privacy reporter Ben Powers breaks down the situation and discusses how this demonstrates the fragility of online infrastructure and data pipelines.