“The LockBit ransomware variant, like other major ransomware variants, operates in the ‘ransomware-as-a-service’ (RaaS) model, in which administrators, also called developers, design the ransomware, recruit other members — called affiliates — to deploy it, and […]
In the process of stopping over 1.5 million cyberattacks between March and May, the cybersecurity arm of the former smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal […]
A Russian man has been charged by US authorities for his alleged connection to multiple ransomware schemes that netted him and other attackers nearly $200 million – much of which came through crypto. Some of […]
In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from crypto donations, showing how borderless and uncensorable money could […]
Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds. Cybersecurity firm Kaspersky in a Nov. 22 report noted […]
In a new move carried out by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), multiple sanctions were handed out due to the accused’s ransomware activities. Ten Individuals and two shell […]
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