A virulent form of ransomware has now infected about quarter of a million Windows computers, according to a report by security researchers. Cryptolocker scrambles users' data and then demands a fee to ...
Authorities in the US, Australia, and the UK have sanctioned the Russia-based bulletproof hosting services provider Zservers for allegedly supplying services to the LockBit crypto ransomware gang. The ...
President Joe Biden is preparing a slew of actions, including sanctions, to stop hackers from being paid ransoms using digital currency platforms, The Wall Street Journal reported Sept. 17. 1. The ...
Here is a practical look at common ransomware attacks, how they operate, and how organizations can defend against them.
The ransomware ecosystem saw a dramatic shift in 2024, with total ransom payments decreasing by 35% year-over-year (YoY), according to Chainalysis. This decline — from a record $1.25 billion in 2023 ...
DALLAS — The Justice Department has seized more than $2.8 million in cryptocurrency, $70,000 in cash and a luxury vehicle in a major crackdown on a global ransomware scheme linked to a Russian ...
Ten countries launched a joint operation to disrupt LockBit in February 2024, saying the group had caused billions of dollars in damage to individuals and key infrastructure. Authorities in the US, ...