Ransomware Attack

FinCEN: Ransomware Payments in 2021 Already Dwarf Last Year’s Total
FinCEN: Ransomware Payments in 2021 Already Dwarf Last Year’s Total
The Financial Crimes Enforcement Network (FinCEN), the U.S. government’s financial crimes watchdog, said payments tied to ransomware attacks in 2021 are already exceeding 2020...
FinCEN: Ransomware Payments in 2021 Already Dwarf Last Year’s Total

US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
The U.S. Treasury Department added Russia-based crypto exchange Suex.io to its list of specially designated nationals (SDNs) for its alleged role in facilitating cryptocurrenc...
US Sanctions Enforcer Blacklists a Crypto Exchange for First Time

US Treasury Department Clamping Down on Ransomware Attacks
US Treasury Department Clamping Down on Ransomware Attacks
The U.S. government plans to issue guidance and impose sanctions to clamp down on ransomware attacks. The U.S. Treasury Department is expected to announce the actions this wee...
US Treasury Department Clamping Down on Ransomware Attacks

Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware
Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware
The Biden administration is planning an array of actions to mitigate ransomware attacks, focusing on payments. This week, the U.S. Treasury Department plans to unveil sanction...
Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware

Key Takeaways From Elliptic's Case Study of Ransomware Attacks
Key Takeaways From Elliptic’s Case Study of Ransomware Attacks
A new study of a ransomware attack by blockchain analytics firm Elliptic reveals the dialogue between the attacker and the victim, including live chat support, a negotiated di...
Key Takeaways From Elliptic's Case Study of Ransomware Attacks

Biden Administration Accuses Chinese Hackers of Conducting Ransomware, Cryptojacking Attacks
Biden Administration Accuses Chinese Hackers of Conducting Ransomware, Cryptojacking Attacks
U.S. President Joe Biden is accusing the Chinese government of supporting cyberattacks, including ransomware, cryptojacking, digital extortion, and theft. CoinDesk’s Nikhilesh...
Biden Administration Accuses Chinese Hackers of Conducting Ransomware, Cryptojacking Attacks

US State Department Offers to Pay for Cybercrime Tips With Crypto
US State Department Offers to Pay for Cybercrime Tips With Crypto
CoinDesk’s Nihilesh De reacts to the U.S. State Department offering to pay up to $10 million in crypto for tips on cybercrime, including ransomware. “[This] is actually a firs...
US State Department Offers to Pay for Cybercrime Tips With Crypto

Report: White House to Create Ransomware Task Force
Report: White House to Create Ransomware Task Force
The White House is creating a new task force to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday, but is it just a big PR stun...
Report: White House to Create Ransomware Task Force

Biden Under Mounting Pressure to Curb Ransomware Attacks
Biden Under Mounting Pressure to Curb Ransomware Attacks
Recent cyberattacks have prompted calls for regulation, and President Joe Biden is facing increased pressure to present a national strategy to counteract the effects of ransom...
Biden Under Mounting Pressure to Curb Ransomware Attacks

Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms
Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms
Russian-based ransomware hacking group REvil is demanding $70 million in bitcoin from at least 200 U.S. companies, and President Biden says he’s ordering a full investigation...
Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms