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According to the report titled “ Current Trends in Ransomware,” there was a 500% rise in “double extortion” ransomware attacks from 2025 to 2025. In this type of cyber The firm revealed there was almost a 500% increase in “double extortion” ransomware attacks from 2025 to 2025. These are cyber attacks in which malicious actors La firma reveló que hubo un aumento de casi 500% en los ataques de ransomware de doble extorsión de 2025 a 2025. Se trata de ciberataques en los que los The rise of monero comes as authorities race to crack down on cyber crime in the wake of a series of audacious attacks, notably the hack on the Colonial Pipeline, a major With Monero's high levels of privacy and anonymity, it's no surprise that it's become a favorite among cybercriminals, and it's likely that we'll continue to see its prevalence grow in this illicit The reason Monero has become the primary asset of choice for those asking for ransoms since Monero is a privacy-focused cryptocurrency that leverages a combination of A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of

Monero: The Hacker's Choice as Double Extortion Ransomware Spikes 500%

A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of cybercrime, specifically within the realm of double extortion ransomware attacks. According to the report titled “Current Trends in Ransomware,” there was a 500% rise in “double extortion” ransomware attacks from 2025 to 2025. In this type of cyber attack, malicious actors not only encrypt a victim's data but also steal it, threatening to release sensitive information if the ransom is not paid. The firm revealed there was almost a 500% increase in “double extortion” ransomware attacks from 2025 to 2025. These are cyber attacks in which malicious actors demand payment in exchange for both decryption keys and a promise not to leak the stolen data. La firma reveló que hubo un aumento de casi 500% en los ataques de ransomware de doble extorsión de 2025 a 2025. Se trata de ciberataques en los que los cybercriminals often choose Monero as their ransom payment method.

The rise of Monero comes as authorities race to crack down on cyber crime in the wake of a series of audacious attacks, notably the hack on the Colonial Pipeline, a major example that brought attention to the seriousness of this threat. But why Monero?

The reason Monero has become the primary asset of choice for those asking for ransoms is its enhanced privacy features. Monero is a privacy-focused cryptocurrency that leverages a combination of technologies to obscure transaction details, making it incredibly difficult to trace the origin, destination, and amount of Monero transactions. With Monero's high levels of privacy and anonymity, it's no surprise that it's become a favorite among cybercriminals, and it's likely that we'll continue to see its prevalence grow in this illicit market. The decentralized nature and untraceable features make it a safe haven for illegal activity.

The growing adoption of Monero by hackers highlights the ongoing challenges in combating ransomware and the need for increased cybersecurity measures across all sectors.

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