Ransomware

In an interesting turn of events, Paolo Ardoino, Bitfinex's chief technology officer, denied rumors about the exchange being involved in a large-scale data breach. This came in response to allegations of a major security…

The Treasury Department’s Office of Foreign Assets Control (OFAC) included numerous wallet addresses associated with two individuals from Russia in its list of specially designated nationals. Artur Sungatov and Ivan…

SEC Chair Gary Gensler scrutinizes Bitcoin and questions its use cases despite the agency approving Bitcoin ETFs earlier this year.  In an interview today with CNBC, Gensler clarifies that the SEC’s approval of Bitcoin ETFs is…

The global ransomware threat is expected to increase over the next two years due to Artificial Intelligence (AI), warns the National Cyber Security Centre (NCSC). AI is already being used in malicious cyber activity and will almost…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wall Street traders and brokers are scrambling to minimise the fallout from a ransomware attack on China’s biggest…

© Reuters. Industrial and Commercial Bank of China Ltd (ICBC)'s logo is seen at its branch in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon/File Photo By Pete Schroeder (Reuters) - A ransomware attack on the U.S. unit of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Allen & Overy, the “magic circle” law firm, has suffered a cyber attack on its systems, making it the latest big…

US authorities have indicted a Russian man for his alleged connection to multiple ransomware that netted him and other attackers nearly $200 million — most of which came through encryption. Victims of these ransomware…