ransomware

Colonial Pipeline resumes operations after ransomware prompted closure

Enlarge Getty Images Colonial Pipeline said it restarted operations on Wednesday afternoon after a five-day outage brought on by a ransomware attack caused gasoline shortages and panic buying in East Coast states. Enlarge “Following this restart, it will take several days for the product delivery supply chain to return to normal,” the operator of the …

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Ransomware crooks threaten to ID informants if cops don’t pay up

Enlarge Getty Images Ransomware operators have delivered a stunning ultimatum to Washington, DC’s Metropolitan Police Department: pay them $50 million or they’ll leak the identities of confidential informants to street gangs. Babuk, as the group calls itself, said on Monday that it had obtained 250GB of sensitive data after hacking the MPD network. The group’s …

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Apple’s ransomware mess is the future of online extortion

Enlarge Aurich Lawson On the day Apple was set to announce a slew of new products at its Spring Loaded event, a leak appeared from an unexpected quarter. The notorious ransomware gang REvil said they had stolen data and schematics from Apple supplier Quanta Computer about unreleased products and that they would sell the data …

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How a VPN vulnerability allowed ransomware to disrupt two manufacturing plants

Enlarge Getty Images Ransomware operators shut down two production facilities belonging to a European manufacturer after deploying a relatively new strain that encrypted servers that control manufacturer’s industrial processes, a researcher from Kaspersky Lab said on Wednesday. The ransomware known as Cring came to public attention in a January blog post. It takes hold of …

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Former US Director of cybersecurity: Crypto ransomware ‘running wild’

Former Department of Homeland Security official Christopher Krebs called for greater governmental oversight of cryptocurrency in an interview yesterday, saying that anonymous payments are a threat “the average American is concerned about.”  In an interview on Late Night with Bill Maher, Maher asked the former U.S. Cybersecurity & Infrastructure Security Agency director about his thoughts …

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Ransomware operators are piling on already hacked Exchange servers

Aurich Lawson / Ars Technica Microsoft Exchange servers compromised in a first round of attacks are getting infected for a second time by a ransomware gang that is trying to profit from a rash of exploits that caught organizations around the world flat-footed. The ransomware—known as Black Kingdom, DEMON, and DemonWare—is demanding $10,000 for the …

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7,000 Exchange servers first compromised by Chinese hackers hit with ransomware

Enlarge Getty Images Now organizations using Microsoft Exchange have a new security headache: never-before seen ransomware that’s being installed on thousands of servers that were already infected by state-sponsored hackers in China. Microsoft reported the new family of ransomware deployment late Thursday, saying that it was being deployed after the initial compromise of servers. Microsoft’s …

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‘Cyberpunk 2077’ patch delayed as developers reportedly can’t access their VPN

Earlier today, CD Projekt Red announced that the second major patch for Cyberpunk 2077 will be delayed until late March, and it cited a recent ransomware attack as well as the patch’s extensive scope as reasons why. The company didn’t go into detail, but a report from Bloomberg cites anonymous sources who say that things …

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International Operation Disrupts Ransomware Group Netwalker by Tracing Cryptos With the Help of Blockchain Analysis

<div class=”featured_image_container”> </div> <strong>In collaboration with Bulgarian authorities, the U.S. Department of Justice (DOJ) disrupted a well-known ransomware gang’s infrastructure. Law enforcement seized their servers and traced the illicit funds with the help of blockchain forensic analytics via Chainalysis.</strong> US Authorities Seized Over $454,000 Worth of Cryptocurrencies Per the U.S. Department of Justice’s announcement, the …

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Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020

<div class=”featured_image_container”> </div> <strong>A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. </strong> …

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