SecureWorld News

APRIL 23, 2025

Ransoms are usually paid via cryptocurrency, and those values have been back on the rise since Q4 2023rising aggressively in the past couple of quarters. The only method of recovery will be backups, however data shows that backups do not typically survive these breaches.

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CyberSecurity Insiders

JANUARY 20, 2022

Cryptocurrency has been subjected to a rapidly changing balance of laws for the government to try and control it through regulation. Indeed, Vice recently reported that the US tax authorities had placed sanctions on 57 cryptocurrency addresses and one popular exchange due to their connections with money laundering. Staying ahead.

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The Last Watchdog

FEBRUARY 20, 2023

Related: Threat detection for SMBs improves Not only do cyberattacks cost SMBs money, but the damage to a brand’s reputation can also hurt growth and trigger the loss of current customers. Teach them to keep a full backup of all data. It’s best to stay away from paying out any funds in cryptocurrency or otherwise.

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Security Affairs

SEPTEMBER 23, 2020

Several weeks after the attack’s launch, the cybercriminals deleted server backups before encrypting the victim’s network with the help of TinyCryptor ransomware (aka decr1pt ), which is also OldGremlin’s brainchild. When the work of company’s regional branches had been paralyzed, they demanded about $50,000 in cryptocurrency.

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eSecurity Planet

JULY 25, 2023

Cryptojacking : Unauthorized use of a computer’s processing power to mine cryptocurrencies. In order to do this, infected systems must be isolated, malicious components must be eliminated, backup data must be restored, and regular operations must be resumed. Ultimate Guide + Templates appeared first on eSecurityPlanet.

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Digital Shadows

NOVEMBER 26, 2024

Attackers exploiting cloud accounts pose significant risks, targeting virtual machines (VMs) for activities like cryptocurrency mining, leading to unexpected costs for organizations. By leveraging our expertise in interacting with threat actors, we gained valuable insights into their intentions.

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Digital Shadows

OCTOBER 29, 2024

With the rise of blockchain and cryptocurrencies, it’s targeted exchanges and wallets through software vulnerabilities and phishing attacks to steal credentials. This makes attributing and remediating its activity more challenging, as its motives often blur the lines.

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