Ransomware: To pay or not to pay? Legal or illegal? These are the questions …

Caught between a rock and a hard place, many ransomware victims cave in to extortion demands. Here’s what might change the calculus. The recent spate of ransomware payments cannot be the best use of cybersecurity budgets or shareholder capital, nor is it the best use of insurance industry funds. So, why are companies paying and … More Ransomware: To pay or not to pay? Legal or illegal? These are the questions …

Tracking ransomware cryptocurrency payments: What now for Bitcoin?

Should we expect cybercriminals to ditch the pseudonymous cryptocurrency for other forms of payment that may be better at throwing law enforcement off the scent? Earlier this week, the Department of Justice announced it seized around $2.3 million worth of bitcoin (BTC 63.7) collected in the BTC 75 payment for Colonial Pipeline ransomware. Does this mean Bitcoin … More Tracking ransomware cryptocurrency payments: What now for Bitcoin?

The dangers to cryptocurrency wallets and how to fend them off

Making a little effort to understand the most common threats when choosing and handling your cryptocurrency wallet can help secure your crypto-assets in the long run.When it comes to facing diverse threats, not every cryptocurrency wallet is the same. Each wallet is designed differently — to balance security with ease of use, privacy and other … More The dangers to cryptocurrency wallets and how to fend them off

High‑profile Twitter accounts hacked to promote Bitcoin scam

Tech titans and prominent politicians among victims of a sprawling hack that Twitter says leveraged its internal tools. Twitter is reeling from what is arguably the biggest security breach in its history after the accounts of a long list of high-profile figures – including Barack Obama, Joe Biden, Elon Musk, Bill Gates and Jeff Bezos … More High‑profile Twitter accounts hacked to promote Bitcoin scam