Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%

Indonesia Berita Berita

Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

More and more ransomware groups are demanding payments in Monero (XMR) and charging a hefty premium for Bitcoin, which can be traced easier.

A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of ransomware.

there was almost a 500% increase in “double extortion” ransomware attacks from 2020 to 2021. These are cyber attacks in which malicious actors steal a victim’s sensitive data in addition to encrypting it.that overall ransomware crypto payments topped $600 million for the period. “Higher prices for BTC are most likely seen by the ransomware actors as a premium for dealing with the increased risk in using an easily traceable cryptocurrency like BTC.”

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Cointelegraph /  🏆 562. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

S\u0026P 500 Forecast: Index Futures Find Buyers On the DipS\u0026P 500 Forecast: Index Futures Find Buyers On the DipThe S\u0026P 500 futures initially fell during the trading session on Monday, reaching the 4360 handle before turning around.
Baca lebih lajut »

Evacuations underway, roads closed due to 500-acre Crooks Fire in Prescott areaEvacuations underway, roads closed due to 500-acre Crooks Fire in Prescott areaOfficials have issued GO and SET evacuation notices for several communities south of Prescott due to the Crooks Fire.
Baca lebih lajut »

Tucson woman and her mother rescue animals 500 miles apartTucson woman and her mother rescue animals 500 miles apartCrystal Stobbe sprang into action last week after she saw her neighbor’s cat running around with a baby bunny in its mouth.
Baca lebih lajut »

Dow gains 500 points, books best day in a month as stocks rallyDow gains 500 points, books best day in a month as stocks rallyStocks finished sharply higher Tuesday as energy prices pulled back and investors combed through another batch of corporate earnings. The DJIA gained about 502 points, or 1.5%, to end near 34,912, marking its biggest daily percentage climb since March 16.
Baca lebih lajut »

Why 'Tax Day' explains Tuesday's 500-point Dow rally: Fundstrat's Tom LeeWhy 'Tax Day' explains Tuesday's 500-point Dow rally: Fundstrat's Tom LeeU.S. stocks roar higher Tuesday, a day after the deadlines for Americans to pay what amounted to a "huge" tax bill, says Fundstrat's Tom Lee.
Baca lebih lajut »

S&P 500 Outlook Bearish on Ukraine War, IMF Outlook, Fed SpeakS&P 500 Outlook Bearish on Ukraine War, IMF Outlook, Fed SpeakStocks may be in for a turbulent week ahead amid escalating Russia-Ukraine tensions. Investors’ premonitions about a weaker growth outlook from the IMF may amplify risk-off sentiment. Get your market update from DimitriZabelin here:
Baca lebih lajut »



Render Time: 2025-03-04 02:57:46