You Searched For "ransom payments" and got 20 results
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1 min read
Cyber gangs got away with a record $1.1 billion in crypto ransom payments in 2023
The rise of "ransomware as a service" means less tech skill is required to carry out an attack, Cha…
Yuheng Zhan
2 mins read
Bomb threats demanding ransom payments are a new headache for retailers including Walmart, Kroger and Whole Foods, report says
A series of bomb threats made in recent months to retailers across the US could be connected as all…
Aaron McDade
3 mins read
What to know about the growing threat of ransomware attacks and their impact on companies of all sizes
As ransomware attacks become more aggressive and common, companies must reevaluate their cybersecur…
Stephen Lawton
2 mins read
Bitcoin's reputation as a government-free zone is in question after the US snatches $2.3 million from hackers
The idea that bitcoin is free from government interference has been dented after the FBI gained acc…
Harry Robertson
2 mins read
The Biden administration is looking into the role of cryptocurrencies in recent cyberattacks, report says
Cryptocurrencies like bitcoin have been the favored payment method of hackers that encrypt importan…
Matthew Fox
2 mins read
A woman who sent her wedding dress to a preservation company said it was held for 'ransom' in a billing dispute with Bed Bath & Beyond
New Hampshire resident Jesse Moltenbrey said her dress was held because Bed Bath & Beyond owed thou…
Pauline Villegas
2 mins read
Instagram influencers were forced to send striptease video and thousands of dollars in ransom to a 24-year-old hacker, court documents say
The FBI filed a criminal complaint against Amir Hossein Golshan, which claims he hacked into influe…
Lindsay Dodgson
2 mins read
North America has become the world's biggest ransomware target as DeFi and crypto use expands, study shows
From July 2020 to June 2021, most of the crypto-based attacks were associated with Russia-based cyb…
Isabelle Lee
2 mins read
The Biden administration is ramping up efforts to trace crypto used in cyberattacks and will offer bounties of up to $10 million for info
This White House initiative includes offering bounties of up to $10 million for information that wi…
Isabelle Lee
2 mins read
One of the biggest US insurance companies reportedly paid hackers $40 million ransom after a cyberattack
CNA Financial's $40 million blowout could be one of the biggest ransomware payments yet, Bloomberg …
Brittany Chang
2 mins read
Ransomware hits IT services giant — they paid the ransom even after locking hackers out of the system
The hack has reportedly affected universities, non-profit organisations, and foundations. Blackb…
1 min read
The world's biggest meat processor has paid an $11 million ransom after a cyberattack
JBS said it was hit by a cyberattack on May 31, and that it so far doesn't have evidence that any d…
Sinéad Baker
1 min read
Haitian gang leader threatens to 'put a bullet in the heads' of kidnapped American missionaries if ransom isn't paid
A notorious Haitian gang is demanding a ransom payment of $1 million for each of the 17 missionarie…
Jake Epstein
2 mins read
Coinbase pushes back against the theory it helped US authorities recover Colonial Pipeline ransom crypto
After US authorities seized back the Colonial Pipeline crypto ransom, graphs circulated online link…
Sophie Kiderlin
2 mins read
Bitcoin tumbles 12% after US authorities claw back most of Colonial Pipeline crypto ransom
Bitcoin security concerns may be hitting investors after the DOJ recovered $2.3 million (63.7 bitc…
Will Daniel
2 mins read
The hackers who shut down Colonial Pipeline brought in over $90 million in bitcoin ransoms while in operation
DarkSide, which forced a shutdown of the Colonial Pipeline, has collected 47 ransoms since October,…
Annabelle Williams
4 mins read
Bitcoin does not make payments anonymous — just really hard to trace
Even the most private of cryptocurrencies like Monero, DASH, and Verge are traceable to a cert…
2 mins read
The FBI recovered a huge chunk of the Colonial Pipeline ransom by secretly gaining access to Darkside's bitcoin wallet password
The FBI seized $2.3 million after following the ransom money to a bitcoin wallet used by the hacker…
Tyler Sonnemaker
2 mins read
US authorities have recovered a 'majority' of the ransom Colonial Pipeline paid to reopen its critical fuel route
The Department of Justice says it tracked down millions of dollars' worth of cryptocurrency paid la…
Dominick Reuter
2 mins read
New report on the $400 million US payment to Iran says the money was not a ransom payment
U.S. Secretary of State John Kerry (L) speaks with Hossein Fereydoun (C), the brother of Iranian Pr…