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Cybercrime Statistics in 2019

Security Affairs

I’m preparing the slides for my next speech and I decided to create this post while searching for interesting cybercrime statistics in 2020. Cybercrime will cost as much as $6 trillion annually by 2021. The global expense for organizations to protect their systems from cybercrime attacks will continue to grow.

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Russian Hacker Indicted as Mastermind Behind LockBit Ransomware

SecureWorld News

Department of Justice has unsealed charges against a Russian national accused of developing and operating the notorious LockBit ransomware, one of the most destructive and lucrative cybercrime operations in recent years. The charges paint LockBit as a remarkably brazen and destructive cybercrime cartel. Sellinger, U.S.

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Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates

Krebs on Security

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. First surfacing in September 2019, the gang is estimated to have made hundreds of millions of U.S. Department of Justice (DOJ).

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How Does One Get Hired by a Top Cybercrime Gang?

Krebs on Security

Department of Justice (DOJ) last week announced the arrest of a 55-year-old Latvian woman who’s alleged to have worked as a programmer for Trickbot , a malware-as-a-service platform responsible for infecting millions of computers and seeding many of those systems with ransomware. Alla Witte’s personal website — allawitte[.]nl

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Reading the 2019 Internet Crime Complaint Center (IC3) report

Security Affairs

The FBI’s Internal Crime Complaint Center (IC3) released the FBI 2019 Internet Crime Report , a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2019 Internet Crime Complaint Center (IC3) , one of the most interesting documents on the crime trends observed in the last 12 months.

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A Closer Look at the Snatch Data Ransom Group

Krebs on Security

Earlier this week, KrebsOnSecurity revealed that the darknet website for the Snatch ransomware group was leaking data about its users and the crime gang’s internal operations. It continues: “Prior to deploying the ransomware, Snatch threat actors were observed spending up to three months on a victim’s system.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

8Base ransomware operators were observed using a variant of the Phobos ransomware in a recent wave of attacks. Cisco Talos researchers observed 8Base ransomware operators using a variant of the Phobos ransomware in recent attacks. The ransomware component is then decrypted and loaded into the SmokeLoader process’ memory.