Tuesday, October 28, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

US affords $15M for information on Conti ransomware

by SB Crypto Guru News
May 8, 2022
in Crypto Exchanges
Reading Time: 5 mins read
0 0
A A
0


The usDepartment of State set two separate bounties for info on the Conti ransomware organized crime group totaling $15 million.

Any info that helps establish or find the Conti group leaders will likely be awarded as much as $10 million. Moreover, $5 million will likely be awarded for any info that results in the arrest of people conspiring with the Conti group.

The rewards are provided beneath the Division of State’s Transnational Organized Crime Rewards Program (TOCRP) and could be claimed from any nation.

Ransomware assaults

Ransomware is a kind of malware that threatens to delete or publish personal info until a ransom is paid.

Total value received by ransomware attacks between the years 2016-2021 (via Chainalysis)
Complete worth obtained by ransomware assaults between the years 2016-2021 (by way of Chainalysis)

Ransomware assaults peaked in 2020 by reaching $692 million in complete worth, in line with Chainalysis. The full quantity paid in ransom remained over $600 million as of 2021. Nevertheless, the slight decline in confiscated complete worth doesn’t imply that the risk can also be degrading. 

The report states:

“Regardless of these numbers, anecdotal proof, plus the truth that ransomware income within the first half of 2021 exceeded that of the primary half of 2020, suggests to us that 2021 will ultimately be revealed to have been a good larger 12 months for ransomware.”

Top 10 ransomware revenue strains (via Chainalysis)
Prime 10 ransomware income strains (by way of Chainalysis)

The identical report breaks down the highest 10 ransomware strains by income, the place Conti takes the primary place by extorting a minimum of $180 million from its victims in 2021. 

Conti ransomware

It’s estimated that the Conti ransomware group has been energetic for over two years and has round 350 members. It was in a position to accumulate over $2.7 billion in ransom since 2020.

In keeping with info leaked from Conti, the group makes use of proprietary in-house software program that’s a lot quicker than different most ransomware packages. All variations of Microsoft Home windows are susceptible to their assaults. 

On 21 April 2022, the group attacked the Authorities of Costa Rica and focused a minimum of 5 authorities companies, together with the Ministries of Finance, Science, and Know-how. Conti demanded a $10 million ransom and began leaking sure info for not receiving it. 

? #Conti‘s newest replace on the cyberattack in opposition to Costa Rica’s Ministerio de Hacienda ??…

“If the ministry can not clarify to its tax payers what’s going on, we’ll do it 1) we have now penetrated their important infrastructure, gained entry to about 800 servers, …” ? pic.twitter.com/wp2Y8UeGGN

— BetterCyber (@_bettercyber_) April 20, 2022

Specialists from Cyberint, who analyzed Conti debunked beforehand confiscated in-group messages written in Russian and found that the group adopted a well-managed organizational construction.

Conti's organizational structure (via Cyberint)
Conti’s organizational construction (by way of Cyberint)

The messages additionally confirmed that the group had bodily workplaces in Russia, ran efficiency evaluations, and even named an “worker of the month.”

Lotem Finkelstein, the pinnacle of risk intelligence at Test Level Software program Applied sciences, acknowledged:

“Our … assumption is that such an enormous group, with bodily workplaces and large income wouldn’t be capable of act in Russia with out the total approval, and even some cooperation, with Russian intelligence providers.”

Get an Edge on the Crypto Market ?

Turn out to be a member of CryptoSlate Edge and entry our unique Discord neighborhood, extra unique content material and evaluation.

On-chain evaluation

Worth snapshots

Extra context

Be part of now for $19/month Discover all advantages





Source link

Tags: 15MBitcoin NewsContiCrypto NewsCrypto UpdatesinfoLatest News on CryptoOffersransomwareSB Crypto Guru News
Previous Post

DOGE Value Could Find $0.12 Help

Next Post

Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD – Bitcoin Information

Related Posts

Landmark ruling in India treats XRP as property, not speculation

Landmark ruling in India treats XRP as property, not speculation

by SB Crypto Guru News
October 27, 2025
0

A Madras High Court judge barred WazirX from reallocating a customer’s XRP holdings and declared cryptocurrency qualifies as property under...

Mag 7 Earnings in Focus With Stocks at Record Highs

Mag 7 Earnings in Focus With Stocks at Record Highs

by SB Crypto Guru News
October 27, 2025
0

The Daily Breakdown takes a closer look at this action-packed week: Five of the Magnificent 7 stocks report earnings and...

Bitcoin retraces nearly half its losses from October crash amid Fed rate-cut expectations

Bitcoin retraces nearly half its losses from October crash amid Fed rate-cut expectations

by SB Crypto Guru News
October 26, 2025
0

The price of Bitcoin (BTC) rebounded past the $112,000 resistance level over the weekend, trading at $113,724 at the time...

Bull Market Faces Key Test as Big Tech, Fed, and China Dominate Week

Bull Market Faces Key Test as Big Tech, Fed, and China Dominate Week

by SB Crypto Guru News
October 26, 2025
0

Analyst Weekly, October 27, 2025 Earnings Season, So Far Early Q3 results have generally come in better than expected, with...

Bitcoin options market cautious as traders hedge against volatility

Bitcoin options market cautious as traders hedge against volatility

by SB Crypto Guru News
October 25, 2025
0

The Bitcoin options market has quietly become one of the most revealing arenas for gauging trader sentiment. And right now,...

Load More
Next Post
Tron DAO Reserve Purchases  Million in TRX to Safeguard the Stablecoin USDD – Bitcoin Information

Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD – Bitcoin Information

Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts – Bitcoin Information

Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts – Bitcoin Information

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.