US cybersecurity agents have thwarted more than 500 ransomware attacks since 2021, according to a Bloomberg News report
The efforts of the Homeland Security Service 's (HSI) Cybercrime Center include notifying government agencies and businesses that have become targets of extortion.
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Researchers monitor web traffic for signs of malicious activity and try to identify the gangs exploiting vulnerabilities. Since 2021, 537 ransomware attacks, with 150 of those occurring in the last year alone. Nearly 20% of targets are government agencies, followed by healthcare organizations.
Prado said that while he cannot reveal specific hacking groups due to active investigations, there are gangs outside the U.S. that continue to seek ways to obtain cryptocurrencies. Law enforcement remains challenging, as many attacks are thwarted before they even happen.
Read more: Lego: Its site was hacked to promote crypto scam
A recent report from Chainalysis revealed that the value of funds raised through hacking and ransomware attacks increased by 84% in the first seven months of the year, reaching $1.58 billion. This increase is largely due to the rise in the price of bitcoin and attacks on larger organizations.
At the same time, researchers at HP Wolf Security have identified the use of artificial intelligence by criminals to create malware, indicating the entry into a new era in cybersecurity.
See more: Salt Typhoon group hacked US telecom companies
Lou Steinberg, former CTO of TD Ameritrade, warned that hackers are breaking into tools that developers use, making the situation particularly worrisome.
Source: pymnts
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