Malwarebytes

DECEMBER 19, 2022

On June 7, 2021, the US Department of Justice announced a breakthrough : Less than one month after the oil and gas pipeline company Colonial Pipeline had paid its ransomware attackers roughly $4.4 In cybercrime, this isn't supposed to happen—or at least it wasn't, until recently. Cryptocurrency is vital to modern cybercrime.

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Krebs on Security

MARCH 25, 2022

prison for his role in at least 13 ransomware attacks that caused losses of approximately $53 million. After Berezan was extradited to the United States in December 2020, investigators searching his electronic devices said they found “significant evidence of his involvement in ransomware activity.” Department of Justice.

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Security Affairs

MAY 2, 2024

The Ukrainian national, Yaroslav Vasinskyi (24), aka Rabotnik, has been sentenced to more than 13 years in prison and must pay $16 million in restitution for conducting numerous ransomware attacks and extorting victims. Vasinskyi is a REvil ransomware affiliate since at least March 1st, 2019. in March 2022. million in U.S.

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Krebs on Security

JANUARY 26, 2024

33-year-old Aleksandr Ermakov allegedly stole and leaked the Medibank data while working with one of Russia’s most destructive ransomware groups, but little more is shared about the accused. government says Ermakov and the other actors behind the Medibank hack are believed to be linked to the Russia-backed cybercrime gang REvil.

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Security Affairs

JUNE 30, 2022

A former Canadian government IT worker admitted to being a high-level member of the Russian cybercrime group NetWalker. to charges related to his involvement with the Russian cybercrime group NetWalker. and EU law enforcement authorities allowed the seizure of the leak sites used by NetWalker ransomware operators.

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Security Boulevard

AUGUST 2, 2022

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

Cryptocurrency 98

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Krebs on Security

JULY 8, 2019

The crooks behind an affiliate program that paid cybercriminals to install the destructive and wildly successful GandCrab ransomware strain announced on May 31, 2019 they were terminating the program after allegedly having earned more than $2 billion in extortion payouts from victims. Image: Malwarebytes.

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Malwarebytes

JUNE 16, 2021

According to a press release issued by Ukrainian authorities, law enforcement officials also shut down infrastructure that was used to spread the cybercrime gang’s ransomware, which was first spotted in February of 2019 as a new variant of the Cryptomix family. Instead, the arrests involved money launderers, Intel 471 said.

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Security Affairs

FEBRUARY 13, 2022

Organizations have paid more than $600 million in cryptocurrency during 2021, nearly one-third to the Conti ransomware gang. and Australia have published a joint advisory warning of an increased globalised threat of ransomware worldwide in 2021. Last week, cybersecurity agencies from the U.K., added the company. .”

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Webroot

APRIL 7, 2021

With investors currently bullish on Bitcoin, is its high value is driving cybercriminals to pursue crypto-generating forms of cybercrime like ransomware and illicit miners? At the same time, the average cost of a ransomware incident is also rising steeply. At time of writing, the value of one Bitcoin is north of $58 thousand.

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eSecurity Planet

OCTOBER 8, 2021

The surge in ransomware attacks in the last year have spurred attempts by government officials to bolster cybersecurity defenses, and those actions advanced on multiple fronts this week. Ransomware Fight Goes Global. Ransomware Fight Goes Global. New DOJ Ransomware Initiatives. In an op-ed piece published by CNBC, U.S.

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Security Affairs

DECEMBER 22, 2022

billion worth of cryptocurrency and other virtual assets in the past five years. billion) in cryptocurrency and other virtual assets in the past five years. Cyber security and intelligence experts believe that attacks aimed at the cryptocurrency industry will continue to increase next year. trillion won ($1.2 Citing the U.S.

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Security Affairs

JUNE 16, 2021

Ukraine police arrested multiple individuals that are believed to be linked to the Clop ransomware gang as part of an international joint operation. At the time of this writing, the Ukrainian authorities did not disclose the number of Clop ransomware operators that have been arrested. SecurityAffairs – hacking, ransomware).

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SecureList

OCTOBER 20, 2021

Having been in the field for so long, we have witnessed some major changes in the cybercrime world’s modus operandi. This report shares our insights into the Russian-speaking cybercrime world and the changes in how it operates that have happened in the past five years.

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Krebs on Security

DECEMBER 8, 2021

A 31-year-old Canadian man has been arrested and charged with fraud in connection with numerous ransomware attacks against businesses, government agencies and private citizens throughout Canada and the United States. Federal Bureau of Investigation (FBI) contacted them regarding ransomware attacks that were based in Canada.

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Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. Super Bowl Sunday watchers are treated to no fewer than a half-dozen commercials for cryptocurrency investing. I will also continue to post on LinkedIn about new stories in 2023. agencies].

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Cryptocurrency Cybercrime Computers and Electronics Scams 239

SecureList

NOVEMBER 23, 2021

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular. In April 2021, the Andariel group attempted to spread custom Ransomware.

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Cryptocurrency Banking Cybercrime Ransomware 110

Security Affairs

FEBRUARY 5, 2022

LockBit ransomware gang claims to have stolen customers’ data from the PayBito crypto exchange. PayBito is a bitcoin and cryptocurrency exchange for major cryptocurrencies including Bitcoin Cash, Bitcoin, Ethereum, HCX, Litecoin, Ethereum Classic. Like other ransomware gangs, Lockbit 2.0 affiliate program. .

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SecureWorld News

MARCH 22, 2021

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. Ransomware. IC3's Recovery Asset Team (RAT).

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Cybercrime Scams Banking Accountability 54

SecureWorld News

JUNE 17, 2021

The Ukrainian Cyberpolice Department recently detained six hackers for the use of the ransomware program known as "Clop.". According to Ukranian Cyberpolice, four Korean companies were attacked with the Clop virus in 2019. For decrypting the information, the attackers received a 'ransom' in cryptocurrency.

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Krebs on Security

OCTOBER 31, 2022

A 26-year-old Ukrainian man is awaiting extradition from The Netherlands to the United States on charges that he acted as a core developer for Raccoon , a popular “malware-as-a-service” offering that helped paying customers steal passwords and financial data from millions of cybercrime victims. According to the U.S.

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Security Affairs

AUGUST 18, 2020

Ukrainian authorities arrested the members of a cybercrime gang who ran 20 cryptocurrency exchanges involved in money laundering. Police in Ukraine announced the arrest of the members of a cybercrime gang composed of three individuals who ran 20 cryptocurrency exchanges used in money laundering activities.

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Cryptocurrency Computers and Electronics Cybercrime Digital transformation 101

SecureList

DECEMBER 7, 2021

In the past twelve months, the word “ransomware” has popped up in countless headlines worldwide across both print and digital publications: The Wall Street Journal , the BBC , the New York Times. That is precisely why we have chosen ransomware as our story of the year for Kaspersky’s annual Security Bulletin.

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SecureWorld News

JUNE 17, 2021

The Ukrainian Cyberpolice Department recently detained six hackers for the use of the ransomware program known as Clop. According to Ukrainian Cyberpolice, four Korean companies were attacked with the Clop virus in 2019. For decrypting the information, the attackers received a 'ransom' in cryptocurrency.

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Security Affairs

JUNE 3, 2020

REvil /Sodinokibi ransomware operators launch an auction site to sell data stolen from victims that have chosen to not pay the ransom. The Sodinokibi ransomware operators have launched an eBay-like auction site for stolen data where they plan to sell data stolen from the victims. SecurityAffairs – ransomware, cybersecurity).

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eSecurity Planet

JUNE 25, 2021

At first glance, the report this week from cybersecurity software vendor McAfee showing that the incidence of ransomware dropped by half in the first quarter seems like good news to a world that continues to feel the repercussions of the seemingly ubiquitous malware. Ransomware is the Focus. This is a number of years old,” he said.

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SecureList

MAY 12, 2021

As the world marks the second Anti-Ransomware Day, there’s no way to deny it: ransomware has become the buzzword in the security community. Yet, much of the media attention ransomware gets is focused on chronicling which companies fall prey to it. Part I: Three preconceived ideas about ransomware.

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Security Affairs

MARCH 18, 2021

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. billion and authorities observed an increase of more than 300,000 complaints from 2019 (+69%). million in 2019 to over $29.1 billion in losses.

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Security Boulevard

MAY 27, 2022

The Exfiltration Phase of The Kill Chain of a Cryptocurrency-Based Attack Provides the Greatest Opportunity to Identify Cybercriminals. Cryptocurrency gained through illicit means is less useable than other assets due to the way cryptocurrency systems currently do not fully protect owner identity and allow for only limited liquidity.

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Security Affairs

OCTOBER 28, 2021

who is suspected to be a prominent member of the REvil ransomware gang. REvil ransomware gang is one of the most successful ransomware operations, the group and its affiliated hit hundreds of organizations worldwide. claims to be a trader of cryptocurrencies in social networks. SecurityAffairs – hacking, cybercrime).

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SecureWorld News

MAY 12, 2021

Is ransomware a national emergency? Just days before a ransomware attack shut down a crucial fuel pipeline in the U.S., leaders from around the world gave a stark assessment about ransomware: everything is at risk. Ransomware as a threat to critical infrastructure. Ransomware as a threat to critical infrastructure.

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Krebs on Security

DECEMBER 14, 2023

That reporting was based on clues from an early Russian cybercrime forum in which a hacker named Rescator — using the same profile image that Rescator was known to use on other forums — claimed to have originally been known as “Helkern,” the nickname chosen by the administrator of a cybercrime forum called Darklife.

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SC Magazine

JULY 12, 2021

Today’s columnist, Lyndon Brown of Pondurance, says costly ransomware attacks like the one on Colonial Pipeline will keep happening until security teams can build visibility into corporate networks that catch these attacks before they happen. million global ransomware attacks in 2020 , an increase of 62 percent over 2019.

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eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020.

Energy and Utilities 85

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Security Affairs

MAY 1, 2019

Threat actors are exploiting a recently patched critical Oracle WebLogic Server vulnerability to deliver the Sodinokibi ransomware to organizations. The flaw initially received the identifier CNVD-C-2019-48814. “Oracle first patched the issue on April 26, outside of their normal patch cycle, and assigned it CVE-2019-2725.

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Security Affairs

DECEMBER 7, 2021

Taiwanese vendor QNAP warns customers of ongoing attacks targeting their NAS devices with cryptocurrency miners. Taiwanese vendor QNAP warns customers of threat actors targeting their NAS devices with cryptocurrency miners. Independent experts observed a surge in eCh0raix ransomware infection reports between April 19 and April 26.

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