Ransomware becomes an industry

Federal authorities this week announced they successfully traced and recovered most of the bitcoin that had been paid by Colonial Pipeline to a ransomware gang called DarkSide, following the May hack that shut off gas supplies to much of the East Coast.

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Axios Re:Cap digs into the battle between law enforcement and crypto hackers, including how ransomware has become a global industry of its own, with Gurvais Grigg, a 23-year FBI veteran who now serves as public sector CTO at crypto firm Chainlysis.

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