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Ransomware

Now That Bitcoin Is Considered Property In The UK, Reclaiming Ransomed Assets Sent To Exchanges Is Much Easier

While bitcoin itself is difficult to confiscate or censor, U.K. courts have labeled bitcoin as property which aids in recovery when scammers try to cash out.

Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers

Major U.S. oil pipeline system Colonial Pipeline paid a requested 75 bitcoin ransom to hackers who took control of its data last week.

Cryptomining Attacks Remain One of the Nastiest Malware Threats of 2019

Ransomware-as-a-service, intricate phishing scams, cryptomining and cryptojacking schemes: Ransomware attacks will continue as long as cryptocurrency remains valuable.

Bitcoin Still the Preferred Cryptocurrency of Cybercriminals: Report

Bitcoin is still the preferred cryptocurrency among cybercriminals, according to this year’s Internet Organized Crime Threats Assessment from Europol.

The Ryuk Virus Is Spreading Through China, Asking 11 BTC Ransoms

Ryuk encrypts data on an infected device and demands hefty bitcoin ransoms, as high as 11 BTC.

PayPal Wins Patent for Ransomware Detection Solution

PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks, claiming that attackers frequently "demand that the user pay him some amount of anonymous crypto-currency (e.g., BitCoin) in order to have the user's files decrypted so that they are accessible again."

A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions

For the first time, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.

Four Quick Questions and Answers About Ransomware and Bitcoin

Bitcoin got caught in another media storm this week, though only in a supporting role this time around. The ongoing ransomware attack by the...

Bitcoin Price Analysis: Outlook Not as Bearish as It Seems

Much of the world has now heard about Bitcoin due to the global WanaCrypt0r 2.0 ransomware, which should continue spreading over the course of...

Silk Road Under DDoS Attack

The Silk Road, the worlds largest online anonymous market famous for its wide collection of illicit drugs and its use of Tor and Bitcoin to protect...
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