US sanctions Chatex cryptoexchange used by ransomware gangs
The US Treasury Department announced today sanctions against the Chatex cryptocurrency exchange for helping ransomware gangs evade sanctions and facilitating…
US seizes $6 million from REvil ransomware, arrest Kaseya hacker
The United States Department of Justice today has announced charges against a REvil ransomware affiliate responsible for the attack against…
Kaspersky Finds DDoS Attacks in Q3 Grow by 24%, Become More Sophisticated
The total number of smart attacks (advanced DDoS attacks that are often targeted) increased by 31% when compared to the…
You’ve Been Attacked by Ransomware. How Will You Respond?
By Steve Schwartz, director of security, ECI Earlier this year, a ransomware attack on the Colonial Pipeline led […] The…
REvil ransomware affiliates arrested in Romania and Kuwait
Romanian law enforcement authorities have arrested two suspects believed to be Sodinokibi/REvil ransomware affiliates, allegedly responsible for infecting thousands of victims. [...]
MediaMarkt hit by Hive ransomware, initial $240 million ransom
Electronics retail giant MediaMarkt has suffered a Hive ransomware with an initial ransom demand of $240 million, causing IT systems to…
Could Cyber Diplomacy Be the Ultimate Answer to American Ransomware Woes?
Incentives for good conduct and deterrents for bad behavior in cyberspace are impossible to effectively establish and enforce without international…
Operation Cyclone deals blow to Clop ransomware operation
A thirty-month international law enforcement operation codenamed 'Operation Cyclone' targeted the Clop ransomware gang, leading to the previously reported arrests…
The Week in Ransomware – November 5th 2021 – Placing bounties
Law enforcement continues to keep up the pressure on ransomware operations with infrastructure hacks and million-dollar rewards, leading to the…
Who’s Minding Your Company’s Crypto Decisions?
Security teams must first evaluate security protocols and the reputation of the cryptocurrency payment platform before their companies can proceed…