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You Searched For "ransomware attack on bitcoin" and got 20 results


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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   


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3 mins read

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…

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2 mins read

Carla Mozée   


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1 min read

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   


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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   


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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   


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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   


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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   


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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   


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1 min read

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   


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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   


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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   


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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   


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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   


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3 mins read

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.

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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   


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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   


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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   


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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