Edward Kiledjian's Threat Intel

TrickBot Behind More Than $724 Million in Crypto Theft and Extortion

Akamai’s Ransomware Report 2025 highlights the rise of quadruple extortion, where cybercriminals use data encryption, DDoS attacks, and third-party harassment to pressure victims. The report also notes the increasing use of AI by ransomware groups and the vulnerability of non-profit and educational organizations to cryptomining attacks. TrickBot malware, responsible for over $724 million in cryptocurrency extortion since 2016, continues to pose a threat despite its infrastructure being dismantled.