Latest Posts with ransomware tag

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'Majority' of Bitcoin paid by Colonial Pipeline after ransomware attack has been recovered

8 Jun 2021 2 minute read 5 comments Lukros76

As the title suggests,  the US Dep. of Justice announced today that they successfully recovered a large amount of what was paid to the ransomware attackers, in BTC fund of all things. Most of you likely know that in early May Colonial Pipeline was hi...

Paying Ransomware Should be Illegal

27 May 2021 1 minute read 16 comments Matthew Rosenquist

Ransomware is a growing problem that must be STOPPED! Cybercriminals are accumulating fortunes by impacting individuals, businesses, critical systems, and digital services. Some victims are paying ransoms in the tens of millions of dollars. In today...

Official: Wall Street Journal Bans Bitcoin Forever! Satire

25 May 2021 3 minute read 8 comments BitcoinGordon

I refuse to link to Lee's article, because it doesn't deserve the time you might take reading it. I give. Did it anyway. But only because I can quote this: "Mr. Reiners is executive director of the Global Financial Markets Center at Duke Law." Don't...

The Colonial Pipeline Cyberattack Might be Good for America

17 May 2021 1 minute read 0 comments Matthew Rosenquist

The Colonial Pipeline ransomware attack, that caused fear of fuel shortages on the US East Coast, might be exactly what the nation needed to improve Critical Infrastructure security! In this week’s video, I discuss why the attack was a much-needed w...

Bitcoin Ransomware Attacks: News & Protection

14 Apr 2021 5 minute read 6 comments MintDice.com

When the government, especially the US government, discusses the crime associated with Bitcoin, they usually talk about terrorism and illegal substances. But the truth is, the greatest dangers from crime associated to Bitcoin have nothing to do with...

Stopping the Runaway Ransomware Epidemic

6 Apr 2021 1 minute read 2 comments Matthew Rosenquist

How do governments effectively blunt the growth of ransomware?  There is a path, but it does not involve outlawing cryptocurrency! I see many government politicians positioning a ban of cryptocurrency as a solution for ransomware.  That would simply...

What SMB's need to know about Cybersecurity

8 Mar 2021 1 minute read 4 comments Matthew Rosenquist

Small and medium businesses aren’t paying attention when it comes to cybersecurity. They are being targeted. Even with limited resources SMB’s can greatly improve their cyber defense. Many free resources are available that identify good practices to...

An overview of Crypto crime in 2020

24 Feb 2021 4 minute read 9 comments fklivestolearn

Although Darknet markets revenue dominated, Ransomware & DeFi hacks were the bigger story that emerged last year 2020was a record-breaking year for cryptocurrencies, led by Bitcoin. Despite the COVID-19 pandemic wreaking havoc on the lives of people,...

Not Paying Ransomware is the Only Way We All Win

22 Feb 2021 1 minute read 9 comments Matthew Rosenquist

Ransomware is on the rise because cybercriminals are being rewarded. Those who are impacted have been paying the ransoms, thereby funding and encouraging attackers to expand and target others. The right path forward, to crush ransomware attacks, is...

Cautious Optimism and Grave Concerns as Intel Integrates Cybereason into Chips

27 Jan 2021 1 minute read 3 comments Matthew Rosenquist

Intel and Cybereason just announced that they are working to integrate Cybereason to collect data from hardware to software levels, with the goal of protecting users from ransomware. This is an opportunity for better cybersecurity, but also could be...