Ransomware payments in cryptocurrency total to a minimum of $600M in 2021

Groups like Darkside and Conti, according to Chainalysis, raked in a lot of Bitcoin and Monero for ransomware payments. The value taken by crypto-ransomware assaults increased from 2020 to 2021, according to Chainalysis, a blockchain analytics firm—it has not yet tallied for it all. According to a first peek at the firm’s 2022 Crypto Crime Report, […]

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US agency warns against crypto-hungry Trinity ransomware

The United States Health Sector Cybersecurity Coordination Center said at least one health-care entity in the US has been hit by Trinity ransomware.

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US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls for policymakers to increase oversight. [...]

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