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A U.S. government entity paid about $1 million to keep stolen files from being leaked, according to a new case study by Rakesh Krishnan for Ransom-ISAC, built on a leaked negotiation chat and the blockchain trail the payment left
An Iranian national has pleaded guilty in the U.S. over his involvement in an international ransomware and extortion scheme involving the Robbinhood ransomware
You arrive at the office, power up your system, and panic sets in. Every file is locked, and every system is frozen. A ransom demand flashes on your screen: "Pay $2 million in Bitcoin within 48 hours or lose everything." And the worst part is that even after paying, there’s no guarantee you’ll get your data back. Many victims hand over the money, only to receive nothing in return, or worse, get
Ransomware is a kind of malware used by cybercriminals to stop users from accessing their systems or files; the cybercriminals then threaten to leak, destroy or withhold sensitive information unless a ransom is paid