News with the tag "Crypto ransom"

French authorities have announced fresh security steps for crypto entrepreneurs and their families. The move comes after a string of violent attempts to kidnap industry figures. Officials are aiming to curb what they call a worrying spike in attacks. Government Steps Up Security According to reports...

Six men are accused of kidnapping three family members and their nanny from a Chicago townhouse in October 2024 in exchange for a crypto-ransom. Before being freed next to a dry cleaners, the victims were allegedly kept for five days and forced into handing over almost $15 million in Bitcoin (BTC) h...

Ransomware gangs had a lucrative 2023, extorting a record-breaking $1.25 billion in ransomware payments. However, in 2024, the narrative changed. Chainalysis, a blockchain analytics firm, recently revealed that ransomware payments dropped 35% to $813 million. This marks a sharp decline, signaling a ...

A rise in ransomware, kidnappings and extortion shows the growing risks faced by crypto traders and investors as the sector expands.

A Japanese man is going down for unleashing AI-driven crypto ransomware attacks in the industry in another crime trend The post Japanese Man Sentenced for AI-Driven Crypto Ransomware appeared first on TheCoinrise.com .

The United States Health Sector Cybersecurity Coordination Center (HC3) said that at least one healthcare entity in the US has been affected by the Trinity ransomware.

Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.

This week, online reports surged of a major data leak involving data from millions of students in the US. The hacker demands a Bitcoin (BTC) payment to prevent the public from leaking sensitive information. The security breach seems to be part of a larger attack on a cloud database. Related Reading:...

The website of major crypto ransomware operator LockBit has been taken down in a coordinated effort by international enforcement agencies. The message displayed on the site confirms it is now The post Crypto Ransomware Operator LockBit Website Taken Down By International Enforcement Agencies appeare...

In a recent report by blockchain analytics firm Chainalysis on Wednesday, payments from crypto-related ransom attacks surged to $1 billion in 2023. This alarming figure nearly doubles the amount recorded in 2022, highlighting an escalating trend in the digital extortion landscape. The data points to...