Crypto Exchange WEX Linked to Iranian Ransomware Operators, Says PwC
Cryptocurrency exchange WEX, formerly called BTC-e, may have been used to launder illicit gains from the SamSam ransomware, according to PwC.
Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake.
A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.
Hackers can make up to $130,000 a month for a $10,000 investment.
The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.
Online payments giant PayPal has been awarded a patent for a technique that could detect a type of crypto malware and mitigate its effects.