Ransomware News

Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation.

“Following the flow of ransomware payments on the blockchain is instrumental for law enforcement to understand and dismantle ransomware operations,” said Chainalysis CEO Michael Gronager.

The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat.

The government agency hinted at possible additional sanctions for "financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response" that facilitated ransomware payments.

Senator Hassan wants federal agencies to take more action, while Senator Lummis is more concerned about innovation being stifled.

The United States is offering crypto assets to incentivize white hat hackers to uncover state-sponsored actors and potential terrorists on the dark web.

The IT firm denies that it paid a ransom to the Russian hacker group in exchange for the decryption tool.

Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space.

A blockchain-based healthcare platform is ramping up security even further, ensuring that patient files sent over its infrastructure are only viewed by the right professionals.

Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications.

Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks.

CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future.

Joe Biden said that the U.S. and Russia might have the beginnings of a "cybersecurity arrangement that begins to bring some order" within the next year.

The FBI may have access to a lot more BTC in hacking group’s addresses.

Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys.