News & Analysis as of

Cyber Crimes Bitcoin Malware

Fox Rothschild LLP

Ransomware Attacks Against Healthcare Providers Continue to Increase

Fox Rothschild LLP on

The systems healthcare providers use to provide safe and reliable patient care, and their confidential patient information, provide attractive targets for hackers using ransomware to extort payment....more

Farrell Fritz, P.C.

What Do Lady Gaga, LeBron James And The Texas Courts Have In Common?

Farrell Fritz, P.C. on

Give up? Each recently made headlines in connection with ransomware — a form of malware that encrypts a victim’s electronic files. The attacker then demands a ransom – typically payable in bitcoin – from the victim to...more

Robinson+Cole Data Privacy + Security Insider

Sodinokibi Hackers Switch Payment Mechanism to Monero

The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to prevent law enforcement from tracking payments....more

Hogan Lovells

“Of Ransoms, Bitcoin, and Injunctions”: English High Court grants subrogee insurer proprietary injunction over ransomed Bitcoin

Hogan Lovells on

In a gripping tale sure to excite die-hard Potter fans everywhere, the English High Court has granted a so-called ‘Harry Potter injunction‘ (i.e. a protective injunction against persons unknown) restraining the dissipation of...more

Fisher Phillips

Is Blockchain Immune from Cyberattacks?

Fisher Phillips on

With every new technology, there are security risks. Blockchain is no exception. The recently published McAfee Blockchain Threat Report by McAfee’s Advanced Threat Research team analysts explains the current threats against...more

Robinson+Cole Data Privacy + Security Insider

HaoBao Malware Hitting Banks Scans for Bitcoin Activity

Lazarus, the well-known hacking group responsible for the WannaCry ransomware attack from last year, as well as the attack on the Bangladesh Central Bank and Sony, is now targeting global financial firms and Bitcoin adopters...more

Robinson+Cole Data Privacy + Security Insider

Another Hitch in the Crypto Boom? North Korean Malware Hijacks Computers to Mine Monero Cryptocurrency

Researchers at cybersecurity firm AlienVault have discovered a computer virus of North Korean origin which infects and hijacks computers in order to mine Monero, a private digital currency which styles itself as “secure,...more

Hogan Lovells

$10 domain name halts spread of WannaCry ransomware

Hogan Lovells on

A major global ransomware attack going by the name of WannaCry was recently short circuited by the registration of a single domain name costing just over $10. The unregistered domain name consisting of random characters was...more

Sheppard Mullin Richter & Hampton LLP

WannaCry Ransomware Alert

This is not a drill. Companies and law enforcement agencies around the world have been left scrambling after the world’s most prolific ransomware attack hit over 500,000 computers in 150 countries over a span of only 4...more

Seyfarth Shaw LLP

WannaCry Ransomware Attack: What Happened and How to Address

Seyfarth Shaw LLP on

Recently, a widespread global ransomware attack has struck hospitals, communication, and other types of companies and government offices around the world, seizing control of affected computers until the victims pay a ransom. ...more

Carlton Fields

Don’t Get Locked Out: Is Ransomware a Threat to Your Business?

Carlton Fields on

Ransomware is a type of malware that locks access to a computer and its drives. Many forms of ransomware take complete control of the computer system, encrypt all of the files, and deny access to the system and any files...more

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