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The U.S. Financial Crimes Enforcement Network  FinCEN  has revealed that more than $5 billion in bitcoin transacti stanley website ons were linked to ransomware payments.As Bitcoin noted Tuesday  Oct. 19 , the findings were published by FinCEN in a report outlining ransomware activity in the first half of 2021.According to FinCEN, 635 reports and 458 ransomware transactions were reported as of June, more than the total incidents from the previous year. Most of these payments were made with bitcoin, although the report logged a slight increase of payments made in monero, the privacy-fo stanley thermos cused cryptocurrency.The report also found that most of the funds collected through these payments were directed to entities using  chain hopping,  a practice involving changing one cryptocurrency to another to avoid detection by law enforcement.FinCEN cautioned organizations to file a suspicious activity report as soon as possible following a ransomware attack and to implement detection systems into their defense systems.The organization   $5.2 billion figure is considerably higher than the $590 million in suspected ransomware payments the U.S. Treasury reported last week.Read more: Treasury Reports $590M in Suspected Ransomware PaymentsRansomware attacks in North America increased by 158% between 2019 and 2020, with the FBI getting nearly 2,500 ransomware complaints last year.So far, 2021 has seen several high-profile ransomware attacks, including  stanley usa the ones targeting the Colonial Pipeline, a critical fuel  Xpao Alipay In-Store Overseas Transactions Beat Summer 2017 By Factor Of 2.6
According to new data released by the聽Pew Research Center, the majority of Americans have at this point been hacked or otherwise have had their data or identity stolen. 聽T stanley termos he study also found that Americans are becoming increasingly less sure that their personal data is secure 鈥?and generally lack confidence that the various institutions tasked with protecting their digital  gourde stanley safety are actually up to the job of keeping their data safe from misuse.The study also found that a majority of Americans are also fairly sure that cyberattacks are a new way of life.Among other notable f stanley cup indings, the study found聽41 percent of Americans have encountered fraudulent charges on their credit cards,聽35 percent have received notices that some type of sensitive information  like an account number  had been compromised,聽16 percent say that someone has taken over their email accounts, and 13 percent say someone has taken over one of their social media accounts.Given all of those personal experiences, it isn ;t much of a shock that almost half  49 percent  of all Americans feel their data is less safe than it was five years ago.As for who is watching out for their privacy 8230;Among Americans, 28 percent do not feel confident that the federal government can keep their data safe from cybercriminals, slightly more than the 24 percent of all Americans who do not believe their social media platform can protect their data accurately.聽By contrast, just 12% of Americans  and 9% of social media users
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