Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts.

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Ransomware Gang Steals 10TB of Pics and Data From Canon

Multinational corporation Canon reportedly fell victim to a ransomware attack launched by Maze group against its email and storage services and it’s U.S. website on July 30th. Maze has threatened to leak the pics and data if a crypto ransom is not paid.
The image.

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Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched

A recent report contends that Ledger App has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.
Mo Nokhbeh claims Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.

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Bitfinex Offers Up to $400M For Information Leading to BTC Stolen in 2016

Crypto exchange Bitfinex is offering up to $400 million to anyone who can lead them to the hackers who stole over 120,000 Bitcoin (BTC) in August 2016.
According to the company’s post on August 4, they are even willing to reward the hackers themselves.

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McAfee Says NetWalker Ransomware Generated $25M Over 4 Months

Cybersecurity firm McAfee released a study showing the activities of NetWalker, a ransomware first known as Mailto that was initially discovered in August 2019.
According to the report, the operators of NetWalker have collected over $25 million from ransom payments since March 2020.

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