DeadLock ransomware relies on Polygon smart contracts to spin proxy servers to produce a nearly unshuttable infrastructure.
Two Hyundai Group buildings in Seoul, South Korea were evacuated after a caller threatened to blow up the buildings if they didn’t get 13 Bitcoin, or about $1.1 million in ransom, according to a local ...
The FBI in Dallas has seized millions of dollars' worth of Bitcoin from a member of the recently assembled Chaos ransomware group. According to FBI Dallas on X, the Bitcoin funds were allegedly owned ...
FBI Dallas has seized approximately 20 Bitcoins from a cryptocurrency address belonging to a Chaos ransomware member that is linked to cyberattacks and extortion payments from Texas companies. The ...
In the world of cybersecurity, ransomware is a well-known menace, but its evolution into the era of cryptocurrencies marked a major turning point. The first ransomware attack to demand payment ...
Abstract "Double-extortion" ransomware attacks not only encrypt systems but also steal sensitive data. Traditional backups ...
The United States has filed a civil forfeiture complaint seeking to claim over $2.4 million worth of Bitcoin seized from the Chaos ransomware group, adding to the escalating series of cryptocurrency ...
Last month’s cyberattack on the Colonial Pipeline created 1970s-style gas lines across the Southeastern United States for days. The world’s largest meat processor saw its supply chain disrupted by a ...
Business.com on MSN

What is ransomware?

We’ll explain more about ransomware and ransomware attacks to help businesses better understand, prepare for and prevent ...
Jason is principal analyst at Data Protection Matters, an independent firm focused on data protection, cyber resilience, BaaS-DRaaS & BC/DR. • From "tactical" previous versions to "strategic" disaster ...