Article: US Attorney General Warns Ransomware ‘Getting Worse and Worse’

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US Attorney General Warns Ransomware ‘Getting Worse and Worse’/strong>

Masood Farivar, 09 June 2021

U.S. Attorney General Merrick Garland warned Wednesday that ransom-motivated cyberattacks are “getting worse and worse,” echoing other top Biden administration officials who have sounded the alarm about the problem in recent weeks.

“We have to do everything we possibly can here,” Garland told lawmakers. “This is a very, very serious threat.” Continue reading “Article: US Attorney General Warns Ransomware ‘Getting Worse and Worse’”

Article: As Ransomware Hackers Sit On Millions In Extorted Money, America’s Military Is Urged To Hack Back

Article - Media

As Ransomware Hackers Sit On Millions In Extorted Money, America’s Military Is Urged To Hack Back

Thomas Brewster, 05 June 2021

In just two months last year, the FBI watched three companies pay hackers wielding ransomware called NetWalker millions in Bitcoin to get their hacked data back. While that seems like a big win for the cybercriminals, it also gave investigators in the U.S. and elsewhere a new roadmap for tracking and prosecuting them.

Netwalker was a ransomware-as-a-service crew, similar to DarkSide and REvil, whose tools were used in the attacks on Colonial Pipeline and JBS, which led to gas and food shortages across America in the last month. The creators of NetWalker rented it out to other cybercriminals, who would find a way to break into a company and then deploy Netwalker to lock up the victims’ files. Only the key the Netwalker crew controlled could unlock that data. Since it emerged in 2019, its myriad victims included universities, healthcare bodies and government departments, making close to $50 million in that time. Continue reading “Article: As Ransomware Hackers Sit On Millions In Extorted Money, America’s Military Is Urged To Hack Back”