Latest News and Articles about ransomware

UK Proposes Ban on Ransomware Payments to Cripple Cybercriminals

23 January 2025 Daily Feed Cybersecurity, Digital Assets, ransomware, UK Home Office

UK’s Gutsy Move Against Surging Ransomware Attacks: A Proposed Ban on Payments Imagine a hospital unable to access patient records due to a ransomware attack. This nightmare scenario cost the UK a staggering $460 million in the first half of 2024 alone. Ransomware, a type of malicious software that locks users out of their systems […]

5 Crypto Attacks of 2024 Expose Security Flaws: FTX Fraud, Ransomware, and More

2 January 2025 Daily Feed Cybercrime, FTX fraud, ransomware, sanctioned entities

The Five Crypto Attacks That Highlighted Security Gaps in 2024 In 2024, the cryptocurrency industry was rocked by a series of devastating attacks that exposed critical security vulnerabilities. From the monumental FTX fraud to rampant ransomware payments, these incidents have underscored the urgent need for robust security measures and regulatory oversight in the crypto space. […]