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Hackers Behind the Change Healthcare Ransomware Attack Just Received a $22 Million Payment

WIRED Threat Level

The transaction, visible on Bitcoin's blockchain, suggests the victim of one of the worst ransomware attacks in years may have paid a very large ransom.

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In Ransomware Battle, Bitcoin May Actually Be an Ally

Data Breach Today

Webs of Criminality Are Recorded on Bitcoin's Blockchain Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is subject of a spirited debate, with some arguing to restrict it.

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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. In response, Matthew Green has written —not really a rebuttal—but a “a general response to some of the more common spurious objections …people make to public blockchain systems.”

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Tracking DarkSide Ransomware Gang's Profits

Data Breach Today

Elliptic Says It Traced Payments by Colonial Pipeline and Many Others The DarkSide ransomware gang apparently collected over $90 million in ransom payments from about 47 victims, including Colonial Pipeline Co.,

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Victims' Known Ransom Payments to Ransomware Groups Decline

Data Breach Today

Evidence Suggests Victims Ponied Up 40% Less in Ransom Payments, Researchers Say The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports. (..)

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Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today. “I’m addicted right now, I’m interested in trading, defi, blockchain, new projects,” Stern told “ Bloodrush ” on Nov.

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Ransomware Payments Are Down

Schneier on Security

Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 When we published last year’s version of this report, for example, we had only identified $602 million in ransomware payments in 2021. million from victims in 2022, down from $765.6