From ransomware groups to illicit marketplace operators, Russian-speaking threat actors have become a significant force in international crypto crime. 🌐💻
🔐 Ransomware: This type of malicious software encrypts a victim’s files or data, making them inaccessible. The attacker demands a ransom, usually in cryptocurrency, for the decryption key. Ransomware has become a serious threat to individuals, businesses, and governments, with high-profile attacks on critical healthcare and infrastructure facilities. 🚑🔧
💥 Garantex, a Russia-based cryptocurrency exchange, was sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) in April 2022. In 2023, it accounted for 82% of the cryptocurrency trading volume associated with all sanctioned entities. 📉💰
Stay informed and vigilant about the evolving threats in the crypto world. 🌍🔒
