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$590 mil in ransomware payments reported to U.S. in 2021 as attacks surge
New data out Friday showed $590 million in ransomware-related payments were reported to U.S. authorities in the first half of 2021, setting a pace to beat totals for the previous decade as cyber-extortion booms. According to the U.S. Treasury Department report, the figure is 42 percent higher than the amount…
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Ransomware gangs are complaining that other crooks are stealing their ransoms | ZDNet
Ransomware gangs are shocked to find out that cyber crooks will scam other criminals if they can.
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+16 +1
How the Mafia Is Pivoting to Cybercrime
Investigators from Spanish and Italian police explain how organized crime is going online and expanding into cybercrime.
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6 Hacker Pioneers Who Turned the Early Internet on Its Head
In 2021, cybercrime is a normal part of everyday life. But back in the early days of the internet—that is, the 1980s and ‘90s—the hacker was a bizarre new phenomenon that the American public had never encountered before. Many of the trailblazers of this trend weren’t cynical criminals but rather bespectacled teenagers—unadulterated nerds with a penchant for using their advanced computer powers to cause mischief. Back in these days, hacking was less about extortion and moneymaking than it was about hubristic achievement and the desire to do something that had never been done before.
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Why Ransomware Hackers Love a Holiday Weekend
On the Friday heading into Memorial Day weekend this year, it was meat processing giant JBS. On the Friday before the Fourth of July, it was IT management software company Kaseya and, by extension, over a thousand businesses of varying size. It remains to be seen whether Labor Day will see a high-profile ransomware meltdown as well, but one thing is clear: Hackers love holidays.
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+22 +1
Hackers hit Japanese crypto exchange, steal nearly $100 million
Hackers have drained Japanese cryptocurrency exchange Liquid of $97 million worth of Ethereum and other digital coins. The company, in a tweet posted late Thursday, announced the compromise and said it is moving assets that were not affected into more secure “cold wallet” storage. The company has also suspended deposits and withdrawals.
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Nearly all of the $600 million stolen in a huge crypto heist has been returned — but there's a catch
Nearly all of the $600 million stolen in one of the biggest cryptocurrency heists ever has now been returned by hackers, according to the platform targeted in the hack. Poly Network said Thursday that all of the funds except $33 million worth of the tether digital coin have been transferred back.
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More than $600 million stolen in what is likely to be one of the biggest cryptocurrency thefts ever
Hackers have started returning some of the $600 million they stole in what’s likely to be one of the biggest cryptocurrency thefts ever. The cybercriminals exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work together.
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Step 1: Do a Google search. Ransomware hacker goes rogue, leaks gang's plan.
Someone claiming to work with one of the most notorious ransomware gangs says they’re fed up with how extortion money is divvied up and has leaked a host of files.
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How Taiwan is trying to defend against a cyber 'World War III'
As China steps up military pressure on Taiwan, the self-governing island is preparing for the next big frontier of warfare: crippling cyberattacks.
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Huge data leak shatters lie that the innocent need not fear surveillance
Our investigation shows how repressive regimes can buy and use the kind of spying tools Edward Snowden warned us about. Billions of people are inseparable from their phones. Their devices are within reach – and earshot – for almost every daily experience, from the most mundane to the most intimate.
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Facebook catches Iranian spies catfishing US military targets
If you’re a member of the US military who's gotten friendly Facebook messages from private-sector recruiters for months on end, suggesting a lucrative future in the aerospace or defense contractor industry, Facebook may have some bad news.
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+21 +1
Why ransomware attacks are on the rise — and what can be done to stop them
As a slew of disruptive ransomware attacks have rattled the U.S., here’s what you should know as debate over cybersecurity and how to fight ransomware continues.
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How ransomware attacks are roiling the cyber insurance industry
The single biggest global ransomware attack yet continued to bite Monday as details emerged on how the Russia-linked gang responsible breached the company whose software was the conduit. In essence, the criminals used a tool that helps protect against malware to spread it widely.
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+23 +1
Ransomware attack on software manager hits 200 companies
A successful ransomware attack on a single company has spread to at least 200 organizations, according to cybersecurity firm Huntress Labs, making it one of the single largest criminal ransomware sprees in history.
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+22 +1
Attacks against game companies are up. But why?
Malicious hackers are increasingly mobbing the video game industry, with major companies suffering data breaches, having their source code sold or leaked online and games serving as playgrounds to push malware or mine cryptocurrencies.
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+16 +1
Crackonosh: How hackers are using gamers to become crypto-rich
Gamers are being duped into helping hackers become rich, after downloading games laced with hidden malware. Versions of Grand Theft Auto V, NBA 2K19, and Pro Evolution Soccer 2018 are being given away free in forums.
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+21 +1
Biden is worried about cybersecurity. Japan says watch cartoons
It's hard to make people care about cybersecurity. A Japanese company, however, has a suggestion.
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Hit by a ransomware attack? Your payment may be deductible
WASHINGTON (AP) — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals.
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CD Projekt Red does an about-face, says ransomware crooks are leaking data
CD Projekt Red, the maker of The Witcher series, Cyberpunk 2077, and other popular games, said on Friday that proprietary data taken in a ransomware attack disclosed four months ago is likely circulating online. “Today, we have learned new information regarding the breach and now have reason to believe that internal data illegally obtained during the attack is currently being circulated on the Internet,” company officials said in a statement.
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