A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe – or a portion of any ransom collected – to employees of targeted organisations if they will install DemonWare ransomware on their corporate network.
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The US Treasury Department is set to announce sanctions and similar guidance designed to disrupt the financial infrastructure that has enabled ransomware attacks. The agency is considering levying fines and other penalties on businesses that cooperate with hackers – including exchanges and mixer services that may allow cybercriminals to launder illicit funds.
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