Ransomware actors increasingly demand payment in Monero

More and more threat actors are demanding to be paid in Monero following ransomware attacks, according to infosec experts who work in the ransomware response process.

Monero, also known as XMR, was originally released in 2014 as a privacy-focused cryptocurrency. While Bitcoin is a more public and traceable coin, Monero is known as an anonymity-enhanced cryptocurrency (AEC) or “privacy coin” that utilizes various technologies to obscure transactions and prevent users from being…


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