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DHS says it thwarted more than 500 crypto ransom attacks in 3 years

DHS says it thwarted more than 500 crypto ransom attacks in 3 years

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Source: Coin Telegraph

The US Department of Homeland Security reported that it has disrupted hundreds of ransom attacks since its formation in 2021.

United States Department of Homeland Security investigators say they’ve thwarted hundreds of ransomware cyberattacks, often before they occurred, and have seized billions of extorted crypto since 2021.

US agencies were the top targets, accounting for 21% of the disrupted hacks, more than any business sector, Mike Prado, the deputy assistant director of the Homeland Security Investigations (HSI) Cyber Crimes Center, told Bloomberg in an Oct. 4 report.

The division has disrupted 537 ransomware attacks since it was formed in 2021 and has traced and seized $4.3 billion worth of crypto from exchanges and hackers’ devices that had been stolen through extortion payments.

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Author: Stephen Katte