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Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments
27.1.2021
A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia...
US Treasury Warns of Increasing Ransomware Campaigns Against Coronavirus Vaccine Research Institutions
31.12.2020
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. US Treasury Warns of Ransomware Attacks, Phishing...
FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms
19.12.2020
The U.S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. FBI Is Aware of Cold-Calling Tactics by Ransomware Gangs According to a...
Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware Attack
9.12.2020
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn,...
Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...