Embargo ransomware group moved M in crypto since April: TRM Labs

Embargo ransomware group moved $34M in crypto since April: TRM Labs

TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure. A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service…

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#Biden’s ill-considered ransom-for-hostages deal with Iran imperils everyone

#Biden’s ill-considered ransom-for-hostages deal with Iran imperils everyone

When the Biden administration announced a breakthrough in its long-running diplomatic dalliance with Iran earlier this month, it predictably touched off a firestorm of controversy. The new White House deal involves the unfreezing of $6 billion of previously-escrowed Iranian oil revenue held in South Korea in exchange for Iran’s release from prison of five wrongfully detained American…

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# Crypto investors under attack by two new malware, reveals Cisco Talos

# Crypto investors under attack by two new malware, reveals Cisco Talos

” Crypto investors under attack by two new malware, reveals Cisco Talos “ Anti-malware software Malwarebytes highlighted two new forms of malicious computer programs propagated by unknown sources that are actively targeting crypto investors in a desktop environment.  Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware threats…

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#Inside Texas’ fight against a ransomware hack

#Inside Texas’ fight against a ransomware hack

“#Inside Texas’ fight against a ransomware hack” DALLAS — It was the start of a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city officials that morning: planning for a country…

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#Hundreds of US companies hit by ‘colossal’ cyberattack

#Hundreds of US companies hit by ‘colossal’ cyberattack

“#Hundreds of US companies hit by ‘colossal’ cyberattack” At least 200 US companies were hit by a major cyberattack just before the Fourth of July holiday kicked off. Huntress Labs, a cyber-security firm, said the “colossal” ransomware attack occurred first at Kaseya, a Florida-based IT company, and then spread through the corporate networks that use…

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