US$2.3M in cryptocurrency paid to the ransomware extortionists Darkside seized

DarkSide had targeted Colonial Pipeline, resulting in critical infrastructure being taken out of operation. The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately US$2.3 million. These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known…

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Axa’s Asia Assistance hit by cyber attack

Attack occurs a week after insurance company announced it will no longer underwrite cyber-insurance policies covering ransomware. Insurance giant Axa has confirmed that one of its businesses in Asia was hit by a ransomware attack and will be investigating “some data processed in Thailand was accessed”. According to Reuters Axa…

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Darkside ransomware confirmed for US pipeline attack

One the largest attacks on a national infrastructure in 2021. The FBI has confirmed that Darkside ransomware is responsible for the compromise of the Colonial Pipeline networks in Unites States. The federal agency will continue to work with the company and government partners on the investigation. Colonial Pipeline Networks learnt…

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