DHS Investigators Prevent Hundreds of Ransomware Attacks, Seize Billions Since 2021
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
The Department of Homeland Security (DHS) has disrupted hundreds of crypto scam incidents, reclaiming billions in extorted cryptocurrency since 2021.
According to a recent report from Bloomberg, DHS investigators have intercepted 537 ransomware attacks before they could cause widespread damage.
The effort, led by the Homeland Security Investigations (HSI) Cyber Crimes Center, has proven particularly vital for the protection of U.S. government agencies, which have been the primary targets of these cyber threats.
Mike Prado, Deputy Assistant Director of HSI’s Cyber Crimes Center, highlighted that 21% of the foiled attacks were directed at U.S. government agencies, surpassing the number aimed at any other sector.
Prado explained that HSI’s proactive approach to cyber threats involves close monitoring of internet traffic, analysis of potential vulnerabilities, and keeping track of emerging tactics used by ransomware groups.
HSI agents focus on identifying signs of suspicious activity and software weaknesses that cybercriminals could exploit.
This vigilant approach enables them to detect potential breaches, sometimes even before they occur, and take preventive action.
Despite these achievements, Prado acknowledged the challenges in building legal cases against hackers when attacks are stopped preemptively.
The division’s efforts have also led to the recovery of substantial amounts of cryptocurrency.
Since its inception, HSI has tracked and seized $4.3 billion worth of digital assets from exchanges and hackers’ devices, which were
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