FBI Reports Crypto Ransomware Totalled $144M Since 2013
News

FBI Closes Russian Hacker Marketplace Fuelled By Crypto

The Federal Bureau of Investigation (FBI) has shut down a Russia-based website that hosted online shops engaged in the sale of illegal goods and services and accepted crypto payments...

Anatol Antonovici | 3 months ago
The "Dark Side" of Crypto Crime in Latin America, Report
News

The “Dark Side” of Crypto Crime in Latin America, Report

A new report by Intsights and Ciphertrace delves into the way cybercrime and crypto intersect in Latin America. The report offered valuable insights into the threat landscape and...

Ricardo Martinez | 4 months ago
50% of US Departments Fell Victim to Ransomware in 2019, Report
News

50% of US Departments Fell Victim to Ransomware in 2019, Report

Over half of all public and private organizations in the US fell victim to ransomware attacks at some point in 2019. Hackers have continued to employ increasingly advanced techniques...

Ricardo Martinez | 5 months ago
Bitcoin Price Ransomware
Bitcoin News

Could Ransomware Be Driving Up Bitcoin Prices?

Research is suggesting that the number of ransomware incidents has risen in 2019. The payment method of choice for the majority of this cybercrime is cryptocurrency, predominantly...

Martin Young | 9 months ago
US North Korea Bitcoin
News

Trump Administration Goes After North Korean Bitcoin Hackers

The U.S. Treasury has announced sanctions targeting North Korean cybercrime syndicates responsible for over $2 billion in bitcoin exchange hacks. OFAC Sanctions North Korean Bitcoin...

Osato Avan-Nomayo | 10 months ago
north korea bitcoin cryptocurrency
News

North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat

A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To...

Esther Kim | 1 year ago
News

Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam

Pure Bit lured investors in with promises of a rewarding ICO then mysteriously vanished, taking 13,000 worth of ETH with them. There’s a Sucker Born Every Minute The South Korean...

Eustace Cryptus | 2 years ago
Young Man Waterboarded and Waxed by 'Friends' Who Wanted His Crypto-Wallet Password
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Young Man Waterboarded and Waxed by ‘Friends’ Who Wanted His Crypto-Wallet...

A main rule of crypto ought to be ‘don’t tell your friends you have crypto.’ One man violated this unspoken rule and paid a rather gruesome price. The Kid Is an Easy...

Eustace Cryptus | 2 years ago
Cryptocurrency Scam Case Reaches a Dead End in Mumbai
News

Cryptocurrency Scam Case Reaches a Dead End in Mumbai

Roughly a year ago, Mumbai police accused the founder of ATC Coin Ltd. of running a cryptocurrency scam. Now the case has gone cold after police remain unable to locate any of the...

Kevin O’Brien | 2 years ago
Sneaky Hacker gets some Serious BOOTY from SpankChain
News

Sneaky Hacker Gets Some Serious Booty From Spankchain

Lax security measures have caused the adult entertainment platform SpankChain to lose $38,000 in ETH. A Pirate Made Off With a Handful of Booty Stealing tips from strippers is nearly...

Eustace Cryptus | 2 years ago
euro criminal
News

Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies

A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto...

Wilma Woo | 2 years ago
Ransomware Upstages Cryptojacking as Dominant Form of Crypto Cyberattack
News

Negotiating Bitcoin Ransomware With Cyber-Criminals as a Service

Despite oft-repeated advice to never pay in response to a ransomware attack, the reality is that this is not always a possibility. However, the desire to pay as little as possible...

Emilio Janus | 2 years ago