The announcement was made by US Treasury Department. (Photo Credit: Representative Image/Unsplash)

  • Sanctions were imposed against the currency Suex
  • Authorities noted that 40% of all transactions made by Suex were criminal
  • Ransomware attacks have reportedly doubled from 2019 to 2020

.Genève, Switzerland
Joe Biden and Vladimir Putin met in Geneva in June for the first time. (Photo Credit: AFP File)

  • A delegation of US officials met with Russian Deputy Minister of Foreign Affairs
  • The US delegation was led by Deputy Secretary of State Wendy Sherman
  • The talks are first in a series of "integrated Strategic Stability Dialogue" talks

The attacks were reportedly conducted by hacking group REvil. (Photo Credit: Representative Image/Unsplash)

  • The key was received from a "trusted third party"
  • The attack potentially impacted at least 800 businesses
  • The source of the key has not been revealed so far

COVID-19 Pandemic, Ransomware, and Nation-State Threat Actors Influence Potential Threat Landscape BOSTON, July 19, 2021 /PRNewswire/ -- Recorded Future, the world's largest provider of ...

.Washington D.C., DC, USA
REvil recently attacked meat supplier JBS Foods and a major IT software vendor. (Photo credit: Representational/Unsplash)

  • Ransomware gang REvil suddenly disappeared from the internet on Tuesday
  • The gang reportedly worked from Eastern Europe or Russia
  • The disappearance comes days after US President Joe Biden spoke to Russian President Vladimir Putin on taking action against ransomware

.Washington D.C., DC, USA
US President Joe Biden and Vladimir Putin met in Geneva for the first time. (Photo credit: AFP File)

  • Biden urged Putin to "take action" against cyberattacks
  • The number of such attacks against US have increased sharply
  • Biden and Putin addressed cyberattacks in their meeting in June

.Washington D.C., DC, USA
Hackers hit Miami-based firm Kaseya, a firm that provides IT services to companies.(Photo credit: Representational image/Unsplash)

  • The attack on US IT companies has shuttered hundreds of Swedish supermarkets
  • Hackers demanded $70 million in bitcoin in exchange for stolen data
  • More than 1,000 companies could have been affected by the attack

.Washington D.C., DC, USA
The United States have been plagued by a string of ransomware attacks recently. (Representative Image: Unsplash)

  • Hackers hit Kaseya, a firm that provides IT services to companies, on Friday
  • FBI has opened an investigation "to understand the scope of the threat"
  • FBI may be unable to respond to each victim individually

.Washington D.C., DC, USA
Ransomware fumbles the intended company's data with encryption. (Photo Credit: Representational Image/Pixabay)

  • Another ransomware attack has left companies around the world immobilised
  • This attack is the latest in a series of ransomware attacks
  • Data-theft blackmail is now being used by ransomware criminals

(Photo Credit: Representative Image/Unsplash)

  • Ransomware includes demands of money in exchange of granting back access to softwares
  • Such attacks lock out the victims out of their own data and operations
  • Attackers look for victims who can pay a substantial amount in exchange for their information