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North America is the largest ransomware target: reports, tech news news, top stories

New York (Bloomberg)-North America is being extorted the most money by ransomware attackers in all regions, with groups targeting it tending to be associated with Russia-based cybercriminal groups, according to a new report. I have.

Users in the region paid US $ 131 million (S $ 177 million) in cryptocurrency to ransomware attackers between July 2020 and June 2021, according to a report by cryptocurrency company Chainalysis. I did. This is more than double the amount sent from Western Europe, which was paid second.

“The ransomware strains that robbed North American victims the most during the study include NetWalker, Egregor, Phoenix Cryptolocker and Doppelpaymer,” said Chainalysis, with all groups “based in Russia, including Evil Corp.” It is related to the cybercrime group. ” Previously it was linked to the Russian government. “

Ransomware attacks have increased over the years, but this year they have received particular attention as several high-profile incidents have disrupted the supply chain.

The Biden administration said earlier this month that it plans to involve 30 other countries to take part in the fight against other types of cybercrime, including ransomware and the illegal use of cryptocurrencies.

For example, an attack on JBS SA, the world’s largest meat producer, wiped out products from facilities that supplied nearly a quarter of America’s beef supply. And in May, Colonial Pipeline paid US $ 4.4 million to a Russian-linked ransomware gang.

According to a report released by the Ransomware Task Force in April, the amount paid by victims increased by 311% in 2020 to nearly US $ 350 million in cryptocurrencies.

“The number of malicious individuals responsible for these widespread attacks is surprisingly low,” the report said. By taking action against the group’s largest players, such as infrastructure providers and money launderers, “legal enforcement can have a significant impact and disrupt the management of multiple stocks,” he said.



North America is the largest ransomware target: reports, tech news news, top stories

Source link North America is the largest ransomware target: reports, tech news news, top stories

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