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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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This Service Helps Malware Authors Fix Flaws in their Code

Krebs on Security

Almost daily now there is news about flaws in commercial software that lead to computers getting hacked and seeded with malware. Here’s a look at one long-lived malware vulnerability testing service that is used and run by some of the Dark Web’s top cybercriminals. is cybercrime forum.

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Arrest, Seizures Tied to Netwalker Ransomware

Krebs on Security

and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. The victim shaming site maintained by the NetWalker ransomware group, after being seized by authorities this week. ” Image: Chainalysis. . ” Image: Chainalysis.

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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. Ivan Gennadievich Kondratyev , a.k.a.

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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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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. nl — circa October 2018. 6 in Miami, Fla.

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Ukrainian Police Nab Six Tied to CLOP Ransomware

Krebs on Security

Authorities in Ukraine this week charged six people alleged to be part of the CLOP ransomware group , a cybercriminal gang said to have extorted more than half a billion dollars from victims. The CLOP gang seized on those flaws to deploy ransomware to a significant number of Accellion’s FTA customers , including U.S.