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“# New analysis sheds light on DOJ Bitcoin seizure, as JBS pays massive $11M ransom ” JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist. The payment, estimated to be more than 300 BTC at current…
“# Coinbase says it was not involved in the DOJ’s Bitcoin ransom seizure ” Coinbase’s Chief Security Officer has refuted suggestions the U.S. crypto exchange was involved in any seizure of crypto assets related to recent Colonial Pipeline ransomware attack. CSO Philip Martin took to Twitter on June 8 to explain the firm’s involvement, or…
“# US officials recover $2.3M in crypto from Colonial Pipeline ransom ” Officials with a United States government task force have seized more than $2 million in crypto used to pay for ransom following an attack on the Colonial Pipeline system. In a Monday press conference, Deputy Attorney General Lisa Monaco said that the task…
“# Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says ” United States lawmakers have deliberated on the prospect of banning cryptocurrencies as a solution to the ransomware attacks that befell U.S. institutions in the past month, and opinions appear to be mixed. The largest fuel pipeline in America was brought to a halt…
“# Don’t blame crypto for ransomware ” Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomware attack on the…
“# Ransomware task force calls for aggressive Bitcoin transaction tracing measures ” Government and industry have teamed up to fight a major increase in ransomware, with a newly formed ransomware task force calling for new measures to more aggressively trace Bitcoin and crypto capital flows. The task force includes law enforcement including FBI and U.S….
“# Former US Director of the Cybersecurity: Crypto ransomware ‘running wild’ ” Former Department of Homeland Security official Christopher Krebs called for greater governmental oversight of cryptocurrency in an interview yesterday, saying that anonymous payments are a threat “the average American is concerned about.” In an interview on Late Night with Bill Maher, Maher asked…
“# DoJ, Chainalysis work to break up ransomware network that targets hospitals ” United States authorities have hit a major malware operator, with help from leading blockchain analytics firm Chainalysis. On Wednesday, the Department of Justice announced the seizure of $454,530.19 in cryptocurrency from NetWalker, a ransomware operator the Federal Bureau of Investigation alleges to have…
“#Pardon the Intrusion #34: Cyberbaddies had a field day in 2020” Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. 2020 is finally over. The year was already surreal and tough enough, thanks to the pandemic. But…
“#Pardon the Intrusion #30: Your data is up for sale” Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. During the first wave of COVID-19, contact tracing apps were touted as THE BIG SOLUTION to tackling the…