🚨 Embargo Ransomware: $34M Crypto Heist Targeting U.S. Hospitals

Breaking: New Ransomware-as-a-Service group Embargo emerges as top cyber threat:

✔️ $34M extorted since April 2024

✔️ Hits pharma chains & hospitals (max ransom: $1.3M)

✔️ Suspected BlackCat (ALPHV) rebrand

🔍 How They Operate

▪️ Double extortion: Steal + threaten to leak data

▪️ Crypto laundering: $18.8M sitting in dormant wallets

▪️ Targets critical U.S. infrastructure for maximum payout

⚠️ Crypto’s Dark Side

Ransom payments often flow through:

✔️ Mixers like Tornado Cash

✔️ High-risk exchanges

✔️ USDT still dominant for illicit transactions

#CyberSecurity #Ransomware #USDT #CryptoCrime

Should crypto exchanges freeze ransomware funds? 👇 Debate below!

(Not financial advice. Report suspicious activity.) 🚔