🚨 Breaking News: British Library Ransomware Attack and Data Sale 🌐 - Personal data from the British Library, recently hit by a ransomware attack, is reportedly being sold for Bitcoin on a dark web auction site. The ransomware group Rhysida, accused of the attack, has received a bidding price of 20 bitcoins (approximately $745,000), with the auction scheduled to conclude on November 27. 💻🔒 #RansomwareAttackUpdate #CybersecurityAlert

- Ransomware made a significant comeback in 2023, with payments exceeding $1 billion, marking an increase in the scope and complexity of attacks.

- This is a notable shift from the decline observed in 2022, which was considered an anomaly rather than a trend.

- The Chainalysis report indicates a growing problem over the years, despite a temporary decrease in ransomware payments in 2022.

- The 2023 escalation saw an increase in the frequency, scale, and volume of ransomware attacks, involving diverse actors, from large syndicates to smaller groups and individuals.

- Initial Access Brokers (IABs) played a role in facilitating ransomware attacks by providing access to networks, which they sold to attackers for a relatively low cost.

- Monitoring IABs could offer early indicators for potential intervention and mitigation of attacks.

- Chainalysis discovered a correlation between funds flowing into IAB wallets and an increase in ransomware payments.

- Centralized exchanges and mixers have consistently been preferred for laundering ransomware payments, but new services like bridges, instant exchangers, and gambling services gained traction in 2023.

- Shifts in laundering methods are attributed to takedowns disrupting traditional methods, stricter Anti-Money Laundering/Know Your Customer (AML/KYC) policies, and unique preferences of new ransomware actors.

- Chainalysis observed significant concentration in specific services within each category that ransomware actors use for laundering, with exchanges showing the least concentration and gambling services, cross-chain bridges, and sanctioned entities exhibiting the highest levels of concentration.

$BTC

#SecurityInitiatives #ChainalysisReactor #RansomwareAttackUpdate

- 𝙏𝙝𝙚 𝙐𝙎 𝙏𝙧𝙚𝙖𝙨𝙪𝙧𝙮'𝙨 𝙊𝙛𝙛𝙞𝙘𝙚 𝙤𝙛 𝙁𝙤𝙧𝙚𝙞𝙜𝙣 𝘼𝙨𝙨𝙚𝙩𝙨 𝘾𝙤𝙣𝙩𝙧𝙤𝙡 (𝙊𝙁𝘼𝘾) 𝙝𝙖𝙨 𝙖𝙙𝙙𝙚𝙙 𝙨𝙚𝙫𝙚𝙧𝙖𝙡 𝙬𝙖𝙡𝙡𝙚𝙩 𝙖𝙙𝙙𝙧𝙚𝙨𝙨𝙚𝙨 𝙡𝙞𝙣𝙠𝙚𝙙 𝙩𝙤 𝙩𝙬𝙤 𝙍𝙪𝙨𝙨𝙞𝙖𝙣 𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡𝙨, 𝘼𝙧𝙩𝙪𝙧 𝙎𝙪𝙣𝙜𝙖𝙩𝙤𝙫 𝙖𝙣𝙙 𝙄𝙫𝙖𝙣 𝙆𝙤𝙣𝙙𝙧𝙖𝙩𝙮𝙚𝙫, 𝙩𝙤 𝙞𝙩𝙨 𝙨𝙥𝙚𝙘𝙞𝙖𝙡𝙡𝙮 𝙙𝙚𝙨𝙞𝙜𝙣𝙖𝙩𝙚𝙙 𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡𝙨 𝙡𝙞𝙨𝙩.

- 𝙎𝙪𝙣𝙜𝙖𝙩𝙤𝙫 𝙖𝙣𝙙 𝙆𝙤𝙣𝙙𝙧𝙖𝙩𝙮𝙚𝙫 𝙬𝙚𝙧𝙚 𝙞𝙣𝙙𝙞𝙘𝙩𝙚𝙙 𝙤𝙣 𝙘𝙝𝙖𝙧𝙜𝙚𝙨 𝙧𝙚𝙡𝙖𝙩𝙚𝙙 𝙩𝙤 𝙧𝙖𝙣𝙨𝙤𝙢𝙬𝙖𝙧𝙚 𝙙𝙚𝙥𝙡𝙤𝙮𝙢𝙚𝙣𝙩 𝙖𝙣𝙙 𝙖𝙧𝙚 𝙘𝙤𝙣𝙣𝙚𝙘𝙩𝙚𝙙 𝙩𝙤 𝙇𝙤𝙘𝙠𝘽𝙞𝙩, 𝙖 𝙧𝙖𝙣𝙨𝙤𝙢𝙬𝙖𝙧𝙚 𝙜𝙧𝙤𝙪𝙥 𝙩𝙝𝙖𝙩 𝙧𝙚𝙘𝙚𝙞𝙫𝙚𝙙 𝙤𝙫𝙚𝙧 $120 𝙢𝙞𝙡𝙡𝙞𝙤𝙣 𝙞𝙣 𝙧𝙖𝙣𝙨𝙤𝙢 𝙥𝙖𝙮𝙢𝙚𝙣𝙩𝙨, 𝙖𝙘𝙘𝙤𝙧𝙙𝙞𝙣𝙜 𝙩𝙤 𝙩𝙝𝙚 𝘿𝙚𝙥𝙖𝙧𝙩𝙢𝙚𝙣𝙩 𝙤𝙛 𝙅𝙪𝙨𝙩𝙞𝙘𝙚 (𝘿𝙊𝙅).

- 𝙊𝙁𝘼𝘾 𝙞𝙙𝙚𝙣𝙩𝙞𝙛𝙞𝙚𝙙 10 𝙬𝙖𝙡𝙡𝙚𝙩 𝙖𝙙𝙙𝙧𝙚𝙨𝙨𝙚𝙨 𝙩𝙞𝙚𝙙 𝙩𝙤 𝙎𝙪𝙣𝙜𝙖𝙩𝙤𝙫 𝙖𝙣𝙙 𝙆𝙤𝙣𝙙𝙧𝙖𝙩𝙮𝙚𝙫.

- 𝙏𝙝𝙚 𝙐𝙎 𝙘𝙤𝙡𝙡𝙖𝙗𝙤𝙧𝙖𝙩𝙚𝙙 𝙬𝙞𝙩𝙝 𝙩𝙝𝙚 𝙐𝙆 𝙖𝙣𝙙 𝙤𝙩𝙝𝙚𝙧 𝙡𝙖𝙬 𝙚𝙣𝙛𝙤𝙧𝙘𝙚𝙢𝙚𝙣𝙩 𝙖𝙜𝙚𝙣𝙘𝙞𝙚𝙨 𝙬𝙤𝙧𝙡𝙙𝙬𝙞𝙙𝙚 𝙩𝙤 𝙘𝙝𝙖𝙧𝙜𝙚 𝙖𝙣𝙙 𝙩𝙖𝙠𝙚 𝙖𝙘𝙩𝙞𝙤𝙣 𝙖𝙜𝙖𝙞𝙣𝙨𝙩 𝙇𝙤𝙘𝙠𝘽𝙞𝙩, 𝙖𝙣𝙙 𝙀𝙪𝙧𝙤𝙥𝙤𝙡 𝙧𝙚𝙥𝙤𝙧𝙩𝙚𝙙 𝙩𝙝𝙖𝙩 𝙖𝙜𝙚𝙣𝙘𝙞𝙚𝙨 𝙛𝙧𝙤𝙢 10 𝙘𝙤𝙪𝙣𝙩𝙧𝙞𝙚𝙨 𝙬𝙤𝙧𝙠𝙚𝙙 𝙩𝙤𝙜𝙚𝙩𝙝𝙚𝙧 𝙩𝙤 𝙛𝙧𝙚𝙚𝙯𝙚 𝙤𝙫𝙚𝙧 200 𝙘𝙧𝙮𝙥𝙩𝙤𝙘𝙪𝙧𝙧𝙚𝙣𝙘𝙮 𝙖𝙘𝙘𝙤𝙪𝙣𝙩𝙨 𝙡𝙞𝙣𝙠𝙚𝙙 𝙩𝙤 𝙩𝙝𝙚 𝙘𝙧𝙞𝙢𝙞𝙣𝙖𝙡 𝙤𝙧𝙜𝙖𝙣𝙞𝙯𝙖𝙩𝙞𝙤𝙣.

- 𝙇𝙤𝙘𝙠𝘽𝙞𝙩 𝙤𝙥𝙚𝙧𝙖𝙩𝙚𝙨 𝙖𝙨 𝙖 𝙍𝙖𝙣𝙨𝙤𝙢𝙬𝙖𝙧𝙚-𝙖𝙨-𝙖-𝙎𝙚𝙧𝙫𝙞𝙘𝙚 (𝙍𝙖𝙖𝙎) 𝙢𝙤𝙙𝙚𝙡, 𝙖𝙣𝙙 𝙊𝙥𝙚𝙧𝙖𝙩𝙞𝙤𝙣 𝘾𝙧𝙤𝙣𝙤𝙨, 𝙩𝙝𝙚 𝙩𝙖𝙠𝙚𝙙𝙤𝙬𝙣 𝙚𝙛𝙛𝙤𝙧𝙩, 𝙩𝙤𝙤𝙠 𝙙𝙤𝙬𝙣 34 𝙨𝙚𝙧𝙫𝙚𝙧𝙨 𝙖𝙘𝙧𝙤𝙨𝙨 𝙨𝙚𝙫𝙚𝙧𝙖𝙡 𝙘𝙤𝙪𝙣𝙩𝙧𝙞𝙚𝙨.

- 𝙍𝙖𝙣𝙨𝙤𝙢𝙬𝙖𝙧𝙚 𝙥𝙖𝙮𝙢𝙚𝙣𝙩𝙨 𝙧𝙚𝙖𝙘𝙝𝙚𝙙 $1 𝙗𝙞𝙡𝙡𝙞𝙤𝙣 𝙞𝙣 2023, 𝙢𝙖𝙧𝙠𝙞𝙣𝙜 𝙩𝙝𝙚 𝙝𝙞𝙜𝙝𝙚𝙨𝙩 𝙣𝙪𝙢𝙗𝙚𝙧 𝙚𝙫𝙚𝙧 𝙤𝙗𝙨𝙚𝙧𝙫𝙚𝙙, 𝙖𝙘𝙘𝙤𝙧𝙙𝙞𝙣𝙜 𝙩𝙤 𝙖 𝙧𝙚𝙥𝙤𝙧𝙩 𝙗𝙮 𝘾𝙝𝙖𝙞𝙣𝙖𝙡𝙮𝙨𝙞𝙨.

#RansomwareAttackUpdate #CryptoNews🔒📰🚫