OFAC Flags 10 Wallet Addresses Linked to LockBit Affiliates in Ransomware Crackdown
OFAC flagged ten wallet addresses associated with the two LockBit affiliates.
OFAC flagged ten wallet addresses associated with the two LockBit affiliates.
Ransomware payments hit an all-time high in 2023, exceeding $1 billion.
Unlike scams, ransomware attacks are “agnostic to Bitcoin price actions,” says Cybercrime Research Lead Eric Jardin.
Anonymous callers placing fake bomb threats are trying to extort thousands of dollars in Bitcoin from employees of various retailers.
The hacker was allegedly involved with multiple ransomware strains that attacked police departments, hospitals, and the Colonial Pipeline.
The cybercrime group targeted infrastructure and persons of interest, encrypting their data and demanding cryptocurrency in exchange for decryption.
Chainalysis acknowledged that the "true totals" of ransomware attacks could be much higher but victims are becoming less reluctant to
The American authorities sentenced Sebastien Vachon-Desjardins to spend 20 years in federal prison.
The Bank of Brazilia was attacked by the LockBit ransomware, with hackers asking for 50 BTC to deliver the locked
The group was known for exploiting hospitals and businesses to lock up computer systems and requesting Bitcoin to restore access.