2021 ransomware transactions already exceed 2020 numbers, Treasury Department says

DarkSide and REvil were two of the most popular ransomware strains reported.

money news

Ransomware demands are up more than 500%, the latest concern for insurers

by Jeff Stone • 2 days ago

The figures published by Allianz represent the latest glimpse into how ransomware attacks are becoming exponentially more expensive.

US, allies pledge to combat money laundering as part of efforts to slow ransomware

by Tim Starks • 3 days ago

Two days of meetings produced the joint statement.

White House set to lead 30 nations in ransomware discussions, sans Russia

by Tim Starks • 4 days ago

The talks leave out the nation President Biden most often criticizes, but invitees will meet for two days on countering ransomware.

Olympus probes apparent cyberattack, its second in less than a month

by AJ Vicens • 5 days ago

The ransomware gang BlackMatter was a suspect in a prior incident.

Former TD Bank, Bank of America employee allegedly helped email scammers launder money

by Jeff Stone • 1 week ago

It's the latest glimpse as how alleged cybercriminals function much like typicaly financial scammers.

Emergent ransomware gang FIN12 strikes hospitals, moves quickly against big targets

by Tim Starks • 1 week ago

The gang defies other ransomware trends, like "double extortion."

Neiman Marcus alerts 4.6 million customers about May 2020 data breach

by Jeff Stone • 2 weeks ago

Hackers accessed user names and passwords, as well as security questions and answers associated with consumer accounts.

CISA, FBI, NSA warn of increased attacks involving Conti ransomware

by Tonya Riley • 4 weeks ago

The Conti ransomware gang has already been linked to several major attacks this year.

Treasury sanctions cryptocurrency platform for working with ransomware payments

by Tonya Riley • 4 weeks ago

The Biden administration wants to make it harder for cybercriminals to access funds.

Key lawmakers to CISA: Let us send you more money, power

by Tim Starks • 4 weeks ago

One never can be sure Congress will get its proposals across the finish line, but a pro-CISA sentiment abounds.

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