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Bitcoin Ransomware Attacks: News & Protection

14 Apr 2021 5 minute read 6 comments

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...

Is Paying Ransomware Now Illegal?

17 Oct 2020 1 minute read 3 comments Matthew Rosenquist

Security experts say don't pay ransomware, but now the U.S. Treasury Department is now declaring it illegal!  Every company on the Internet must deal with the threat and emerging regulations.  Ransomware continues to be a growing problem because vic...

Microsoft's New Tactics Disrupts Trickbot Ransomware

15 Oct 2020 1 minute read 3 comments Matthew Rosenquist

Microsoft and partners have taken down the Trickbot ransomware infrastructure. That is a temporary relief, as the cybercriminals will soon adapt. The bigger picture is how the Microsoft Digital Crimes Unit (DCU) has created a template and partnershi...

Chile, Argentina and Pakistan : Ransom of 750 BTC

12 Sep 2020 1 minute read 1 comment Gamma

Ransom of 750 BTC only for the Pakistan  It all started with an attack on the power plant, K-Electric, Pakistan's largest electricity producer attacked by ransomware. K-Electric is the only supplier to the city of Karachi which has 15 million inhabit...

How hackers made $1.14 millions worth in Bitcoin from a ransomware attack.

1 Jul 2020 1 minute read 0 comments alberdioni8406

In June 6, the University of California in San Francisco U.S registered an attack where hackers controlled computers from a research School of Medicine that is working in a vaccine for COVID-19 and to release they demanded $1,140.000. The cybercrimin...