Category: Ransomware

Kaseya recovers data stolen in ransomware attack with mysterious decryption tool

July 27, 2021

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The IT firm denies that it paid a ransom to the Russian hacker group in exchange for the decryption tool. 1139 Total views 21 Total shares IT software provider, Kaseya, has announced it is providing its clients with a decryption tool to recover customer data that was locked in a ransomware attack earlier this month. […]

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Driving ‘purists beserk’: Co-chair of blockchain caucus wants to ‘reverse’ crypto transactions

June 30, 2021

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Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks. 3745 Total views 7 Total shares Bill Foster, Democratic Representative and co-chair of the Congressional blockchain caucus, has called for a regulatory framework that would enable third parties to […]

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CNBC host boldly reveals he sold his BTC amid depths of bear market

June 22, 2021

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Jim Cramer, the host of CNBC’s Mad Money, announced he has liquidated nearly all of his Bitcoin (BTC) holdings. Speaking on June 21 during an interview with CNBC’s Squawk Box on the Street, Cramer asserted that BTC is ”not going up because of structural reasons,” highlighting China’s renewed regulatory clampdown. Cramer stated that China’s central […]

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New analysis sheds light on DOJ Bitcoin seizure, as JBS pays massive $11M ransom

June 10, 2021

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JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist. The payment, estimated to be more than 300 BTC at current prices, was made to shield JBS factories from further disruption. The firm is the world’s largest […]

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Coinbase says it was not involved in the DOJ’s Bitcoin ransom seizure

June 9, 2021

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Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys. 6441 Total views 8 Total shares Coinbase’s Chief Security Officer has refuted suggestions the U.S. crypto exchange was involved in any seizure of crypto assets related to recent Colonial Pipeline ransomware attack. CSO Philip Martin took to Twitter on June 8 […]

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Former US Director of cybersecurity: Crypto ransomware ‘running wild’

March 27, 2021

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Ransomware is something the “average American” is worried about, says former cybersecurity top dog Chris Krebs 22751 Total views 46 Total shares Former Department of Homeland Security official Christopher Krebs called for greater governmental oversight of cryptocurrency in an interview yesterday, saying that anonymous payments are a threat “the average American is concerned about.”  In […]

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Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report

November 30, 2020

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Nov 30, 2020 at 1:08 p.m. UTCUpdated Nov 30, 2020 at 2:00 p.m. UTC Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report Cybersecurity specialist Kaspersky foresees a rise in crypto crime ahead as the COVID-19 epidemic hits national economies. In a report on financial threats for 2021, based on data and patterns […]

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