Fewer Companies Are Paying Ransoms to Hackers, Researchers Say January 25, 2023 By Margi Murphy Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from...
Justice Dept. Charges Russian Founder of Cryptocurrency Firm January 20, 2023 By Eric Tucker and Josh Boak WASHINGTON (AP) — A Russian national who founded a cryptocurrency exchange that the Justice Department says became a haven for...
Report Says Criminals Netted $1.3 Billion in Ransomware Payments Over 2 Years February 14, 2022 By Ilena Peng Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in...
UN Experts: North Korea Stealing Millions in Cyber Attacks February 8, 2022 By Edith M. Lederer UNITED NATIONS (AP) — North Korea is continuing to steal hundreds of millions of dollars from financial institutions and cryptocurrency...
Crypto Crime Hit Record $14 Billion in 2021, Research Shows January 6, 2022 By Tom Wilson LONDON — Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday,...
Ransomware Persists Even as High-Profile Attacks Have Slowed December 20, 2021 By Eric Tucker and Alan Suderman WASHINGTON (AP)–In the months since President Joe Biden warned Russia’s Vladimir Putin that he needed to crack down on ransomware...
Justice Department Stepping Up Efforts to Combat Cybercrime November 5, 2021 By Eric Tucker WASHINGTON (AP) — The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions,...
White House Blacklists Russian Ransomware Payment ‘Enabler’ September 23, 2021 By Eric Tucker and Frank Bajak WASHINGTON (AP) — The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a...
Crypto Channels Targeted in Biden’s Fight Against Ransomware September 21, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...
Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom May 14, 2021 By William Turton, Michael Riley and Jennifer Jacobs Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the...