Tag Archive: Ransomware

  • mining malware Bitcoin, Bitcoin Security, News, News teaser

    School District Forced to Pay $10,000 in Bitcoin Ransomware Attack

    The Leominster Public Schools District has become the latest victim of a Bitcoin ransomware cyberattack. The school district was forced to pay $10,000 in Bitcoin to unlock their system. Details of the Cyberattack On April 14th, suspected hackers took over the computer system of the Leominster Public Schools District in Massachusetts, shutting it down. According to Paula Deacon, the superintendent of the school district, a lock was placed on the computer system and a ransom

    · April 29, 2018 · 10:00 am
  • Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade Bitcoin, News, News teaser, Technology

    Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade

    March this year saw the US city of Atlanta faced with a ransomware attack. Even though the hackers didn’t get away with their $50k in bitcoins, the city did pay over $2.6 million to ensure that they won’t be vulnerable to a similar threat again. As we move towards a paperless society, governments rely more and more on online systems to make processes easier for themselves and the rest of the citizens. Cryptocurrencies are another

    · April 24, 2018 · 10:00 pm
  • Watchout! Satori Botnet Targets Exposed Ethereum Miners Altcoin News, Bitcoin, News, News teaser

    Ransomware Attacks Drop while Cryptojacking Marks 4000% Increase in Q1 of 2018: Stay Safe!

    Android crypto-miners have seen a staggering 4000% increase in the first three months of 2018. To put things in perspective, the total consumer detections have reached 16 million as of the end of March, according to a report issued by Malwarebytes. It seems that last year’s cryptojacking sentiment is still running with full force, as consumer crypto-miners soar 4000% in just the first three months of 2018. Info Security cites Malwarebytes, pointing out the massive

    · April 10, 2018 · 2:00 am
  • HealthHeart Confirms Token Distribution and Rebranding Efforts Bitcoin, Bitcoin Education, Bitcoin Security

    Healthcare CEO Prescribes 5 Ways to Fight Ransomware

    Hancock Regional Hospital in Greenfield, Indiana, was hit hard with a ransomware attack in January 2018. To protect patients the hospital decided to pay the hackers, its CEO Steve Long is now educating others. The Attack on Hancock Regional Hospital Though prepared for such an attack, the hospital systems were targeted during a flu outbreak and a snowstorm. To protect patients, CEO Long decided to pay the attackers the cryptocurrency ransom equivalent to $55,000 USD.

    · April 8, 2018 · 10:00 pm
  • Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade Bitcoin, Bitcoin Security, News, News teaser

    Hackers Hit Atlanta with Ransomware Attack

    Atlanta is the latest local government to have its computer system attacked by hackers. The criminals are demanding $51,000 in Bitcoin to remove their ransomware. It’s been a quiet few months on the ransomware front. The last notable attack targeted a hospital in Indiana back in January, but now a new target has been hit. The city government of Atlanta, Georgia, reports that their computer system was targeted by hackers in a ransomware attack. The

    · March 24, 2018 · 3:15 am
  • According to a new study, more than 50 percent of retailers utilizing Square Inc.'s checkout technology would be willing to accept Bitcoin (BTC) as a form of payment. Altcoin News, Altcoins, Bitcoin, Bitcoin Acceptance, Bitcoin Businesses, News, News teaser

    Despite Security Concerns, Vast Majority of Businesses Interested in Cryptocurrency

    Despite concerns over volatility and security, research has shown that the vast majority of businesses are open to using cryptocurrency for business transactions, and that positive awareness is being raised over cybersecurity. Business Sense In their push towards mainstream adoption, Bitcoin and cryptocurrency continue to solidify themselves in the minds of business owners everywhere — who are increasingly more open to utilizing cryptocurrency for business transactions. A study by Neustar International Security Council (NISC) has

    · March 8, 2018 · 9:00 am
  • Bitcoin Cash Gaining Acceptance in Ransomware Community Altcoin News, Bitcoin Cash, News, News teaser

    Bitcoin Cash Gaining Acceptance in Ransomware Community

    Bitcoin Cash has started to gain more acceptance – at least, in the field of ransomware. Fork Over Your Bitcoin… Cash Security researcher MalwareHunterTeam has recently discovered a new ransomware called Thanatos. Typically, ransomware encrypts victims’ files, forcing them to pay a ransom in order to regain access to their computers. However, Thanatos doesn’t actually save the keys to unlock victims’ files anywhere – thus, if you didn’t have enough reason not to pay the

    · March 4, 2018 · 6:00 pm
  • Bitcoin, News, News teaser

    Pay Up or Else! Indiana Hospital Latest Victim of Ransomware Attack

    Hancock Regional Hospital in Indiana is the latest victim of a ransomware attack by hackers who are demanding a payment in bitcoins. Technology is definitely a two-edged blade. The lightning-fast speed offered by the internet allows for people to connect instantly with each other from all over the world. Movies can be streamed, video conferences attended, and online games played due to the innovations made in tech over the last twenty years. On the flip

    · January 14, 2018 · 7:15 am
  • Bitcoin, Bitcoin Price, Bitcoin Security, News, News teaser

    Insurance Companies Blame Bitcoin for Ransomware Increase

    Insurance companies, such as Chubb, are making a ransomware Bitcoin correlation, saying that the cryptocurrency’s rising price is leading to more ransomware attacks. Few things are as aggravating as having to pay a criminal ransom in order to gain access to your own files. Ransomware attacks have targeted everything from major corporations down to a local transit authority, and they’re increasing in frequency. Some of the insurance companies who have to deal with the fallout

    · December 23, 2017 · 9:00 am
  • Bitcoin, News, News teaser

    Hackers Hit North Carolina County Government and Demand Two Bitcoin Ransom

    The county government of Mecklenburg, North Carolina, has been hacked, leaving their server files being held for a ransom of 2 bitcoins. One of the growing problems for businesses and governments today is having their electronic files hacked and held for ransom. Last month, computer hackers targeted the Sacramento Regional Transit system, resulting in 30 million files being deleted. The ransom price demanded by the hackers for that attack was a single bitcoin. Now that

    · December 6, 2017 · 4:00 am
  • ICOs 'Lose 10% Of Funds' To Criminals - New Ernst & Young Research Bitcoin, News, News teaser

    Hackers Demand a Single Bitcoin in Ransomware Attack

    Computer hackers target the Sacramento Regional Transit system and demand a whopping ransom of a single Bitcoin. There have been quite a few major stories concerning technology in 2017, such as the meteoric rise in the value of Bitcoin. Another huge feature of the past year has been the sheer number of ransomware attacks by hackers. Now the Sacramento Regional Transit system is the latest victim, but it appears that the hackers responsible don’t need

    · November 22, 2017 · 7:00 am
  • Petya Developers Break Radio Silence, Demand $250k Bitcoin, News, News teaser

    Petya Developers Break Radio Silence, Demand $250k

    The public is finally hearing from the people behind the Petya attack. This marks the first time they’ve released a statement since the attack began to spread around the world, and they are demanding more money. A Recap of the Petya Attack It’s been over a week since the initial spread of the Petya virus, a malicious piece of ransomware software that took control of hundred of machines worldwide earlier last month. The initial round

    · July 8, 2017 · 12:30 am
  • Bitcoin Cash Gaining Acceptance in Ransomware Community Bitcoin, News

    New Wave of Cyber Attacks Triggered as Ransom Prices Climb

    Just weeks after the WannaCry ransomware virus made headlines around the world, another cyber attack known as Petya has sprung up, surprisingly using the same backdoor exploit as the attack previously mentioned despite a fix for the problem being released weeks ago. Move Over WannaCry – There’s a New Cyber Attack in Town This new attack infects the victim’s computer and encrypts the files stored there. Asking for a one-time payment of $300 sent to a

    · June 27, 2017 · 11:30 pm
  • Is NSA Behind Bitcoin Price Drop and Global Cyber Attack? Bitcoin, Bitcoin Politics, News

    Is NSA Behind Bitcoin Price Drop and Global Cyber Attack?

    On Friday Bitcoin suffered one if it’s steepest declines in months, losing over 10% of its market value after three straight weeks of massive gains. The question is why? The answer may lie within “The Deep State,” or more specifically, the NSA. Yesterday, an epic cyber attack was waged in nearly 100 countries worldwide, an attack that may have been the largest of its kind. The ransomware attack encrypted files of all those who received

    · May 13, 2017 · 3:00 pm
  • Corporations ransomware Bitcoin, Bitcoin Security, Knowledge Base, News, Trending

    Bitcoin Demand Rises as U.S. Corporations are Stocking Up

    Bitcoin has attracted a great deal of interest over the last couple of years, and mainstream investing has skyrocketed with the ever-growing Bitcoin price. Now, a new market sector is starting to emerge as American corporations are stocking up on digital currency to combat cybercrime. Corporations Fuel Bitcoin Demand as Ransomware Spreads Hackers with an eye towards gaining valuable Bitcoins are hitting corporations more and more with dreaded ransomware, and this problem seems to be

    · February 26, 2017 · 9:00 am
  • Vegas Bitcoin, News, News teaser

    You’re Most Likely to Catch Ransomware in Vegas, Says Study

    Beware of phishing attacks when in Las Vegas, according to a new study. Sin City has been found as the most likely place to catch Bitcoin ransomware in the United States. Viva La Ransomware The unsuspecting, lay internet user is most prone to ransomware infections in Las Vegas, a survey by internet security company Malwarebytes revealed. Ransomware is malicious computer code that’s commonly downloaded via email attachments. These are distributed using phishing attacks, where the

    · December 9, 2016 · 4:05 am
  • FinTech

    Ransomware Tool Has Decryption Keys Leaked by Anonymous User

    The master decryption keys for the ransomware, CrySis, has been released to the public, news that will undoubtedly come as a pleasant surprise to those victimized by the malware. Also read: Most Popular Bitcoin Wallet to Allow Credit and Debit Card Funding Another Ransomware Tool Bites the Dust The decryption keys first became public when a user posted them on a the forums of bleepingcomputer.com. The user, known only as crss7777, posted the decryption keys

    · November 16, 2016 · 4:00 am
  • ransomware Bitcoin, Legislation

    The FTC Just Gave Us Simple Advice for Preventing Ransomware

    A Federal Trade Commission (FTC) panel said on Wednesday that while the threat of ransomware can be scary, simple “cyber hygiene,” or in other words, routine and basic security measures, are often enough to sufficiently counter these online attacks. Also read: Innocoin Co-Founder Talks Details on Crypto Trading Service FTC Panel Talks Ransomware Nevertheless, the panel did not want to downplay the threat, or the damage ransomware has caused everyday users who have been victimized by

    · September 9, 2016 · 11:26 am
  • computer security Bitcoin Security, FinTech

    ‘Wildfire’ Ransomware Defeated by International Security Team

    Wildfire, a type of ransomware targeted at Dutch speakers, has been successfully defeated by the No More Ransom initiative, a project coordinated by the Netherlands Police, Europol, Intel and Kaspersky. This multinational collaboration aims to help victims of ransomware retrieve their encrypted files for free through the use of multiple decryption tools. Also read: Ransomware as a Service is Bringing In Some Serious Money ‘Wildfire’ Ransomware Wildfire is a piece of ransomware, a type of malware that takes users’

    · August 25, 2016 · 6:00 pm
  • Ransomware Bitcoin, FinTech

    Ransomware May Threaten the Future of Bitcoin

    Bitcoin has jumped in price again. Following a near two-week excursion down south, bitcoin has hit a detour and is now hovering at $581 as of press time. That’s a near $10 rise since our previous price piece. However, the price is still down overall. Although many factors may be contributing to bitcoin’s slight slump, many seem to believe that ransomware poses a particularly nasty threat to the currency’s future. Also read: Bears and Bulls Continue

    · August 22, 2016 · 12:00 pm
  • Bitcoin, Bitcoin Breaking News Brief, News, News teaser, Trending

    Ransomware as a Service is Bringing In Some Serious Money

    Ransomware is now becoming standardized to create a lucrative business model, ransomware as a service for amateur hackers. Also read: OXBTC Releases New BTC/ETH Cloudhash Hosting Services Ransomware as a Service Developers of the crypto-ransomware tool, Cerber, have set up a RaaS (Ransomware as a Service) platform for amateur threat actors that could end up bringing in some big money by distributing their tool to a network of affiliates. The business technique could end up

    · August 18, 2016 · 12:43 am
  • Bitcoin Industry Report Bitcoin, News, News teaser, Trending

    Industry Report: No Bitcoin Crime Goes Unpunished

    A bitcoin buyer is robbed, the latest game to pay in digital currency, and new initiatives for fighting ransomware are set forth. Want to catch up on your latest digital currency news? Take a look below. Also read: Industry Report: Bitcoin Fraud Never Works BITCOIN ROBBERY A bitcoin buyer has undergone quite a scare after being robbed at knifepoint. 32-year-old Steve Manos of Lake Worth, Florida set out to take part in what he thought

    · July 31, 2016 · 3:00 pm
  • ransomware Bitcoin, Bitcoin Security, Bitcoin Service, News, News teaser, Services, Trending

    Private-Public Partnership Launched to Combat Ransomware

    The public and private sectora are now joining forces to stop ransomware as part of an international initiative to combat cybercrime. Groups participating in the project include Intel Security, Kaspersky Lab, the Dutch National Police and Europol.  Also read: Lisk Community Continues Developing Ecosystem Tools, Services International Crackdown on Ransomware The initiative, called “No More Ransom,” has a simple goal: make it more difficult for cyber criminals to capitalize on ransomware by outsmarting them. The organizers

    · July 27, 2016 · 4:02 pm