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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
One of the oldest Bitcoin websites on the net was hit by ransomware, and hackers want their payment in Bitcoin
While the ransom amount may seem negligible since it's not even a single coin, it's a consider…
The US State Department knows it's 'pushing the envelope' as it offers up to $10 million rewards for crypto-hacking intel, according to new interview
The agency opened a Dark Web channel to pull in tips about cyberhacking schemes targeting the US.
Carla Mozée
Justice Department announces 'Cryptocurrency Enforcement Team' to tackle money laundering and ransomware attacks
The unit will investigate cases involving the use of cryptocurrencies such as bitcoin, including ra…
Charles Davis
Ransomware attacks add to bitcoin's woes, shining a light on the use of cryptocurrencies in crime
Hackers have demanded to be paid in cryptocurrencies in recent high-profile cyberattacks, raising t…
Harry Robertson
Cryptocurrency owners say they want more government oversight of the market to combat ransomware, Harris survey shows
57% of crypto owners surveyed support additional regulation to combat the rise of ransomware attack…
Carla Mozée
US senators urge stricter crypto regulation after a flood of ransomware attacks
Democratic Sen. Mark Warner of Virginia and Republican Sen. Roy Blunt of Missouri spoke with NBC's …
Isabelle Lee
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
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
Elizabeth Warren's ransomware bill would require cryptocurrency disclosures from victims
The bill comes as ransomware attacks grew 62% worldwide and 158% in North America alone, according …
Isabelle Lee
The White House is reportedly getting ready to roll out measures to combat the use of crypto in ransomware attacks
Colonial Pipeline and JBS were among this year's victims of high-profile ransomware attacks.
Carla Mozée
Hillary Clinton says cryptocurrency has the potential to destabilize nations and traditional currencies
Clinton's comments come as countries grapple with both the adoption and the regulation of cryptocur…
Francis Agustin
Russia-linked cybercriminals raked in $400 million in cryptocurrency from ransomware attacks in 2021, Chainalysis says
About 74% of ransomware revenue last year went to cybercriminals who are highly likely to be affili…
Carla Mozée
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
Ransomware: A growing business threat for organisations in the new normal
Ransomware breaches witnessed a 13% growth in a single year, according to 2022 DBIR.
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
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
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
JBS says meatpacking operations will be back to normal Wednesday after a ransomware attack over the weekend
The Brazil-based company was forced to shut down operations in the US and Canada after hackers atta…
Dominick Reuter
Ransomware attack puts Priyanka Chopra, Lady Gaga, Madonna and other celebrities’ data at risk — and REvil hackers are known to follow through on their threats
“REVil, also known as Sodin or Sodinokibi, isn’t just operating on the old-school ransomware mod…