The Average Bitcoin Ransomware Payment has Risen to $12,762

In the cryptocurrency world, it would appear most of the discussions pertaining to ransomware have quieted down. Not because the industry is no longer lucrative, but simply because such attacks have seemingly become so common it isn’t necessarily newsworthy anymore. However, the average Bitcoin payment associated with ransomware attacks has risen significantly. Ransomware Still Makes … Read more

Chinese Government Officials Targeted With Ransomware, North Korea Suspected

A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has … Read more

New Malware Attacks Hold ASIC Miners to Ransom

According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto … Read more

SamSam Group Disrupts American Organizations Through Targeted Ransomware Attacks

One of the more problematic trends over the past few years comes in the form of ransomware. It would appear one particular group, referred to as SamSam, is mainly intent on targeting potential victims in the United States. Their targeted ransomware attacks are picking up in number, which does not bode well for computer users … Read more