{"id":18240,"date":"2022-02-14T22:11:16","date_gmt":"2022-02-14T21:11:16","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=18240"},"modified":"2022-02-14T22:11:22","modified_gmt":"2022-02-14T21:11:22","slug":"report-reveals-that-74-of-stolen-funds-from-ransomware-attacks-went-to-russian-affiliated-wallet-addresses-in-2021","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/report-reveals-that-74-of-stolen-funds-from-ransomware-attacks-went-to-russian-affiliated-wallet-addresses-in-2021\/","title":{"rendered":"Report reveals that 74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021"},"content":{"rendered":"\n
Last year, the Russian hacker <\/a>group Darkside compromised the computer systems of Colonial Pipeline by using a single stolen password.<\/h5>\n\n\n\n
\"Report<\/figure>\n\n\n\n

According to a new analysis released on Monday by blockchain analytics firm Chainalysis\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, over 74% of ransomware money was channelled through high-risk wallet addresses likely headquartered in Russia last year, totalling over $400 million USD. The analysis looked at ransomware intrusions in 2021 and concluded if they were linked to Russia based on three crucial characteristics.<\/p>\n\n\n\n

Evil Corp, a Russian cybercriminal gang with purported links to the Russian government<\/a>, was suspected of being behind a particular intrusion.
Only non-former-Soviet country victims are targeted by ransomware.<\/p>\n\n\n\n

Ransomware variants that distribute Russian-language papers and announcements<\/h2>\n\n\n\n

In addition to the selection criteria, online traffic data appears to suggest that Russia is where the great bulk of extorted monies are laundered. Another 13% of cash received from ransomware addresses to services went to users in Russia, which is more than any other country. <\/p>\n\n\n\n

Typically, ransomware infects a user's computer through a program vulnerability, or by downloading unknown files, etc. They then encrypt the victim's files and demand payment in Bitcoin <\/a>(BTC) or Monero <\/a>(XMR) to a wallet <\/a>address in order to get access to the data.<\/p>\n\n\n\n

Last year, the Russian hacker group Darkside compromised the computer systems of Colonial Pipeline by using a single stolen password. As a result, the pipeline's operators were compelled to pay a crypto<\/a> ransom of more than $4 million (of which $2.3 million was recovered) in order to regain access to their encrypted files, but not before triggering a momentary gasoline shortage.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Last year, the Russian hacker group Darkside compromised the computer systems of Colonial Pipeline by using a single stolen password. According to a new analysis released on Monday by blockchain analytics firm Chainalysis , over 74% of ransomware money was channelled through high-risk wallet addresses likely headquartered in Russia last year, totalling over $400 million […]<\/p>\n","protected":false},"author":13,"featured_media":18244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5817,7208,7209],"class_list":["post-18240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hack-2","tag-ransomware-2","tag-russian-wallet"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-191.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/18240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=18240"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/18240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/18244"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=18240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=18240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=18240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}