Encryption Law Enforcement Ransomware 
PYMNTS
MARCH 23, 2016
Another case of bitcoin ransomware has left one Kentucky hospital in an “internal state of emergency,” according to a report from Krebs On Security. Just yesterday (March 21) PYMNTS reported about a town that was being held hostage via a bitcoin ransomware attack. And last month?
Fintech News
FEBRUARY 10, 2025
From high-profile ransomware attacks and terrorist financing to scams that wiped out millions in savings, global crypto crime has become an urgent concern. In 2024, law enforcement traced a series of cryptocurrency transactions to local hawala networks, which facilitated money transfers between terrorist cells. billion globally.
PYMNTS
JULY 28, 2019
The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. Federal law enforcement is helping in the investigation. As a result, Gov. Numerous cities and states have been hit with cyberattacks.
PYMNTS
AUGUST 10, 2018
The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. All files on each host in the network have been encrypted with a strong algorithm.” According to Cryptovest , the message read, “Your network has been penetrated.
PYMNTS
OCTOBER 23, 2019
As it recovers from a ransomware attack that started last week, business-to-business payments provider Billtrust is in its last stages of putting all of its systems online from backups. The company told customers in an e-mail that it was working with law enforcement as well as an outside security firm to look into the breach’s extent.
PYMNTS
JANUARY 17, 2017
In late December, Los Angeles Valley College found itself to be the latest victim of a ransomware attack — when malicious software is used by to block access to files until demands are met. The college’s electronic files had all been encrypted and campus email, voicemail and computer system services had been interrupted. Francisco C.
EBizCharge
OCTOBER 25, 2023
Malware attacks, such as ransomware and viruses, infect systems through malicious software or email attachments. Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more.
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