Ransomware


Markets

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.

malware code skull

Markets

PayPal Wins Patent for Way to Defend Against Crypto Ransomware

Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.

PayPal

Markets

Crypto Exchange WEX Linked to Iranian Ransomware Operators, Says PwC

Cryptocurrency exchange WEX, formerly called BTC-e, may have been used to launder illicit gains from the SamSam ransomware, according to PwC.

PwC

Markets

Court Sentences Bitcoin Ransomware Creators to Community Service

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday.

cv

Markets

Kaspersky Warns on Rapid Spread of Malicious Crypto Miners

Kaspersky Lab says crypto-mining malware is quickly replacing ransomware, warning that mobiles could be the next big target.

mining

Markets

The European Union Wants to Beef Up Penalties for Cryptocurrency Crimes

The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

EU

Markets

WannaCry On the Move? Bitcoin Crime Evolves in a Multi-Blockchain World

Bitcoins received by the WannaCry ransomware attacks are on the move. Will switching to another blockchain allow the hackers to get away?

hacker, computer

Markets

Coinbase to White Hat Hacker: We Don't Want Your Bitcoin

Black hat hackers are asking for bitcoin. White hat hackers, at the behest of clients need to pay up. But Coinbase is kicking the 'good guys' out.

cash, register

Tech

The World Is Watching: Can WannaCry's Creators Cash Out Their Bitcoin Ransom?

Bitcoins amassed by those behind the huge malware attack are being watched by the authorities. Can they retrieve the funds and not get caught?

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Finance

DC Blockchain Advocates Seek Distance From Bitcoin Amid Ransomware Wave

Blockchain advocates are trying to recast the narrative surrounding bitcoin as recent upticks in ransomware trouble Capitol Hill.

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