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Cryptocurrency users in the US hit by ransomware and Clipper malware

Tech Republic Security

Learn how to protect your business and staff from the MortalKombat ransomware and Laplas Clipper malware. The post Cryptocurrency users in the US hit by ransomware and Clipper malware appeared first on TechRepublic.

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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.

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Google Cybersecurity Action Team Threat Horizons Report #9 Is Out!

Anton on Security

This quick and easy money maker serves a clear profit motive for criminal actors, as it allows threat actors to use a victim’s cloud processing power to mine for cryptocurrency in a shorter period of time. ” [ A.C. — free ransomware in the cloud is often different from the classics ] Now, go and read the report!

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US forms a National Cryptocurrency Enforcement Team to curb ransomware payments

CyberSecurity Insiders

After the ransomware attack on JBS Meat and Colonial Pipeline, the law enforcement authorities of United States have taken a resolution to curb ransomware payments. The post US forms a National Cryptocurrency Enforcement Team to curb ransomware payments appeared first on Cybersecurity Insiders.

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Government Gunning for Cryptocurrency—Uses Ransomware as Pretext

Security Boulevard

tells cryptocurrency fans to stop breaking sanctions and laundering money—in the name of combating ransomware. The post Government Gunning for Cryptocurrency—Uses Ransomware as Pretext appeared first on Security Boulevard. Treasury Dept.

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Conti Ransomware gang pays salaries and develops cryptocurrency

CyberSecurity Insiders

But here’s a news piece that gives details of a ransomware group that paid $6 million in salaries last year and even tried to develop its cryptocurrency. Conti Ransomware group is the hacking group in discussion and is reported to have been led by an individual code named ‘Stern’.