Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?
Russia’s Cybercrime Domination: $500M in Crypto Ransomware Revealed
Russian-speaking threat actors dominated the ransomware scene last year, raking in over $500 million. According to TRM Labs, these digital bandits are responsible for 69% of all crypto proceeds linked to ransomware. Meanwhile, North Korea leads the charge in outright crypto theft, swiping over a…
Hot Take:
Looks like Russian hackers decided to make “crypto” their national sport. With stats like these, they might as well start their own ransomware Olympics—gold medals for everyone!
Key Points:
- Russian-speaking cybercriminals account for 69% of all crypto proceeds linked to ransomware in the past year, exceeding $500 million.
- North Korea leads in cryptocurrency theft through exploits and breaches, with over $1 billion stolen in 2023.
- Russian ransomware groups like LockBit and ALPHV/BlackCat were major players, pulling in at least $320 million in ransom payments.
- Russian-language darknet markets dominate, with 95% of global sales in illicit items and services.
- Russia’s Garantex handled 82% of cryptocurrency for sanctioned entities, often funneling funds to Chinese military equipment manufacturers.
Already a member? Log in here