Tag: wannacry

  • Bitcoin

    WSJ Investigation: ShapeShift Is Being Used by Criminals, Illogical Comparison

    An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies...

    Thomas Delahunty | September 29, 2018 | 6:02 am
  • Cybercrime
    Industry

    Cybercrime Firm Warns of Rising Reports of Fake WannaCry Ransomware

    Cybercrime involving cryptocurrencies is on the rise. Today, the U.K.’s national reporting center for fraud and cyber crime, Action Fraud, has issued warnings about a new phishing campaign using the infamous WannaCry ransomware. Increase in Ransomware Action Fraud claimed last Friday that it had already received 300 reports...

    Thomas Delahunty | June 26, 2018 | 1:00 am
  • Cryptocurrencies
    Industry

    Report: Crypto-Jacking Is on the Rise, Overtaking Ransomware as Preferred Method of Attack

    As cryptocurrencies continue to increase in popularity and adoption, investors and users are experiencing an increase in malicious coin miners that utilize the semi-anonymity offered by cryptocurrencies for financial gain. ITWeb Security Summit  This is according to Helge Husemann, product manager for Malwarebytes who spoke at ITWeb’s Security Summit 2018....

    Thomas Delahunty | May 24, 2018 | 2:00 am
  • atlanta
    Bitcoin

    Hackers Target Atlanta Government Computers, Bitcoin Ransom Demanded

    A group of hackers are demanding payment in Bitcoin to unlock computer systems they were able infiltrate in Atlanta. Yesterday’s ransomware attack targeted computers in important government departments. Data stored on the affected systems has been digitally encrypted. Another Case of Bitcoin Ransomware The security breach was first...

    Rick D. | March 23, 2018 | 7:00 pm
  • north korea
    Bitcoin

    North Korea Behind Recent YouBit Hack?

    Cybercrime experts are attributing the most recent Bitcoin heist to North Korea. The Wall Street Journal report that the South Korean cryptocurrency exchange YouBit is the latest victim of a malicious hacking, and that their northern neighbours are to blame. YouBit have been forced to declare themselves bankrupt...

    Rick D. | December 20, 2017 | 10:52 pm
  • WannaCry Bitcoin
    Bitcoin

    WannaCry BTC Proceeds Converted to Monero Through ShapeShift Platform

    Everyone remembers the global WannaCry ransomware attack. During that incident, thousands of computers and servers around the world were impacted. The developers of this malware also collected a fair amount of bitcoins from their actions. It now appears all of the money collected has been converted to Monero....

    JP Buntinx | August 4, 2017 | 2:00 pm
  • ransomware threat immunity

    Are People Becoming Immune to Ransomware Threats?

    Bitcoin and ransomware share a profound yet undesirable connection, thanks to its extensive use by cybercriminals to demand ransom payments. The recent worldwide WannaCry ransomware attack could turn out to be the much-required tipping point which can shift the scales against those behind ransomware. Amid rising concerns about...

    Gautham | May 20, 2017 | 8:32 pm
  • ransomware, wannacry, bitcoin
    Uncategorized

    WannaCry Influences Companies to Stock Bitcoin for Ransomware

    Ransomware attacks aren’t new to the internet. There are recorded instances of such attacks even before Bitcoin came into existence. However, in the recent years, the number of ransomware attacks involving demands for payment in Bitcoin has rocketed through the roof. These incidents, mostly targeting businesses have put...

    Gautham | May 18, 2017 | 2:18 pm
  • wannacry, ransomware
    Uncategorized

    Twist Narrative: Bitcoin Transactions Help Catch hind WannaCry

    Bitcoin has received a lot of negative press in the past, especially due to its increased usage among cybercriminals. But now, after a global scale WannaCry ransomware attack, the narrative about Bitcoin and its connections to crime seems to have taken a positive turn. According to a recent...

    Gautham | May 15, 2017 | 5:30 pm

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