Cryptolocker is making headlines for encrypting data and holding it ransom, but leaving some victims in the lurch despite paying out to regain access to their files. It uses strong encryption, making ...

Seven hundred and fifty dollars -- that is the amount of money it cost a police department in Massachusetts to regain access to its computer files. The culprit of this kidnap and ransom was the ...

A virulent form of ransomware has now infected about quarter of a million Windows computers, according to a report by security researchers. Cryptolocker scrambles users' data and then demands a fee to ...

Ransomware attacks continue to plague the cryptocurrency world, and one of the most notable players is the BlackCat group. Ransomware attacks targeting cryptocurrencies have become widespread. Crypto, ...

Incident response firms negotiate with hackers while also processing payments to them, leading to potential betrayals of their clients’ trust.

At least 47 out of 62 new crypto ransomware families discovered by Kaspersky Lab researchers in 2016 were developed by Russian-speaking cybercriminals, more than 1,445,000 users (including businesses) ...

The ransomware ecosystem saw a dramatic shift in 2024, with total ransom payments decreasing by 35% year-over-year (YoY), according to Chainalysis. This decline — from a record $1.25 billion in 2023 ...

Payments extorted through ransomware attacks decreased some 35% in 2024 compared to the year prior, according to a Feb. 5 report by Chainalysis, a blockchain analytics provider. In 2024, ransomware ...

Cryptocurrency is not without benefits as a decentralized form of currency, but those same aspects make it a great target for scammers. In fact, according to a new report from Chainalysis, ...