July 30, 2024 at 04:26PM A Fortune 50 company made a record-breaking $75 million ransom payment to the Dark Angels ransomware gang in early 2024. Dark Angels is known for targeting high-value companies and using stolen data as leverage for ransom demands. They employ a “Big Game Hunting” strategy, focusing on large, lucrative targets for … Read more
February 8, 2024 at 10:03PM The US government has presented a $5 million reward for Hive ransomware gang members, reinforcing an existing $10 million reward. The FBI has added a $5 million reward for information leading to arrests. Following the FBI’s control of the gang’s network, decryption keys were provided to over 1,300 victims, preventing … Read more
November 6, 2023 at 12:26PM The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Russian national Ekaterina Zhdanova for laundering millions of cryptocurrency for ransomware actors and Russian oligarchs. Zhdanova utilized her knowledge of cryptocurrency and blockchain networks to evade anti-money laundering controls. She also facilitated the transfer of large … Read more