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Stamos group ransomwhere
Stamos group ransomwhere








The post New open data project looks to gauge success, failure of ransomware policy appeared first on SC Media. “We will share content as long as it does not impinge on open law enforcement investigations,” said Samani. Until then, McAfee will be eager to help the effort. Ransomwhere would need to change tactics if ransomware groups widely adopted Monero, for example. One issue Cable foresees as the site grows is that blockchain analysis of this type is really only possible for cryptocurrencies like bitcoin and not those which do a better job protecting privacy.

stamos group ransomwhere

While that is the intended focus of the site, he believes Ransomwhere might provide enterprises with a greater awareness of the effects of paying ransom and contributing to that economy. “No one knows the real impact, so it’s hard to know if actions change that impact or not,” she wrote. “Any initiatives that provide transparency into the problem is to be applauded,” he said.Ĭable said his interest in creating the ransomware site was sparked by a tweet from Red Canary researcher Katie Nickels in early June lamenting the lack of data about ransomware and its impact on potential policy decisions. McAfee chief scientist Raj Samani says the company is optimistic about Ransomwhere’s potential. He is currently reaching out to ransomware negotiators, security vendors, and anyone else who sees wallet information in bulk.

#STAMOS GROUP RANSOMWHERE ARCHIVE#

It’s heavily biased towards a trove of data provided by McAfee concerning the group NetWalker, which currently comprises around $30 million of the total data.īut the site is young, and Cable is reaching out to find new partners to beef up his archive of data.

stamos group ransomwhere

The $60 million Cable can currently track is not a representational sample. The blockchain analytics group Chainalysis pegs the yearly number at close to $350 million. The FBI, in the statistic it worried was wildly underreported, saw $29 million in transactions last year alone. But we need to actually know how well things are working and whether these actions are changing the game,” said Cable.īased on limitations in the amount of data Cable has been able to aggregate, the site currently tracks $60 million in ransomware transactions over the course of history. “People have proposed different ways of combating ransomware via economic means, whether that’s outright banning payments or other methods, such as Putin to get some of this under control. If the project goes well, Cable sees it as a means to evaluate the success of different ransomware prevention policies. Cable formally launched the site last week, based on publicly available wallet information, user wallet submissions and bulk information donations from researchers.

stamos group ransomwhere

An alleged BlackCat attack on two German oil companies, Oiltanking & Mabanaft, in February 2022 left many German oil organizations severely damaged. In his spare time Cable’s working on Ransomwre, an open visualization website analyzing Bitcoin wallet transactions. Although the ransomware group hacked the company in late 2013, they leaked the data in January, when they didn’t pay the ransom of 3 million.








Stamos group ransomwhere