Homeland Security Blocked 500-Plus Ransomware Attacks Since 2021

PYMNTS.com October 6, 2024

U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021.

That’s according to a report Friday (Oct. 4) by Bloomberg News, citing comments from Mike Prado, deputy assistant director of the Homeland Security Investigations’ (HSI) Cyber Crimes Center, who also noted that those efforts have seized billions of dollars in cryptocurrency.

The effort to stop these attacks, Prado said, involves notifying government agencies, businesses and other potential victims that they are the target of ransomware extortion.

Investigators study internet traffic seeking signs of malicious activity, monitor unpatched software vulnerabilities and try to glean how ransomware gangs are exploiting gaps in organizations’ security.

With that knowledge, Prado said, investigators can discover when some attacks are about to happen,...

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