fbi recovers ransomware funds

FBI Recovers Colonial Bitcoin Payment

In May of 2021, the United States’ largest pipeline, Colonial Pipeline, halted operations due to a ransomware attack. At the time, Colonial Pipeline carried 45% of the fuel used on the …

nft cyber term

Non-Fungible Token (NFT)

Non-Fungible Tokens (NFTs) are unique, easily verifiable digital assets that can represent items such as GIFs, images, videos, music albums, and more. Anything that exists online can be purchased as an …

ransomware ban

US Treasury Bans Ransomware Payments

Oct.1st, 2020: The US Treasury Department’s Office of Foreign Assets Control (OFAC) warned organizations that making ransomware payments is illegal. These payments violate US economic sanctions banning the support of …

Crypto-Mining or Cryptojacking

Crypto-Mining, also known as Cryptocurrency Mining, is a process in which transactions of various forms of cryptocurrency are verified and added to the blockchain digital ledger. Each time a cryptocurrency transaction …

Bitcoin

Bitcoin is a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and …