SecureWorld News

OCTOBER 7, 2021

Treasury Department announced a counter-ransomware initiative to battle cybercrime like ransomware. The United States Department of Justice (DOJ) is taking steps forward to combat criminal activity made easy by Bitcoin by launching the National Cryptocurrency Enforcement Team (NCET). How will the NCET operate?

Cryptocurrency 63

Cryptocurrency Cybercrime Ransomware CISO 63

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.

Cybercrime 85

Cybercrime Government Ransomware Cryptocurrency 85

Security Boulevard

AUGUST 2, 2022

Widespread implementation of decentralized finance (DeFi) systems since 2020 has created new fertile ground for a variety of threat actors to shift the development of cyberattack tactics, techniques, and procedures (TTPs). It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

Cryptocurrency 98

Cryptocurrency Ransomware Government Risk 98

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. .

Ransomware 89

Ransomware Cryptocurrency Cybercrime Malware 89

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.

Ransomware 109

Ransomware Cybercrime Cryptocurrency Encryption 109

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.

Ransomware 85

Ransomware Cryptocurrency Marketing Cybercrime 85

CyberSecurity Insiders

FEBRUARY 8, 2021

Reuters’ published a news article saying Brazil’s electro-nuclear power plant was hit by a ransomware attack, bringing down the operations to a halt on a partial note. Note- Lazarus group aka Guardians of Peace is a Cybercrime group that is being funded by North Korean intelligence- as per US Intelligence.

Ransomware 134

Ransomware Social Engineering Cryptocurrency Cybercrime 134

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.

Cybercrime 137

Cybercrime Banking Malware Ransomware 137

SecureWorld News

OCTOBER 19, 2021

Ransomware burnout might be creeping in for many cybersecurity professionals, but cybercrime organizations do not show any signs of slowing down, according to a new report. Ransomware is steadily growing as one of the biggest financial threats to the nation's economy. Ransomware cost the U.S. Ransomware cost the U.S.

Ransomware 90

Ransomware Cryptocurrency Cybercrime Cybersecurity 90

SecureList

NOVEMBER 23, 2021

First of all, we are going to analyze the forecasts we made at the end of 2020 and see how accurate they were. 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. Analysis of forecasts for 2021.

Cryptocurrency 104

Cryptocurrency Banking Cybercrime Ransomware 104

Security Affairs

OCTOBER 16, 2021

billion worth of Bitcoin transactions to ransomware. billion worth of Bitcoin transactions likely associated with operations of top 10 most commonly reported ransomware variants. Studying data generated from ransomware-related SARs, the mean average total monthly suspicious amount of ransomware transactions was $66.4

Ransomware 108

Ransomware Cryptocurrency Hacking Cybercrime 108

Security Affairs

NOVEMBER 4, 2020

The source code for the KPot information stealer was put up for auction and the REvil ransomware operators want to acquire it. The authors of KPot information stealer have put its source code up for auction , and the REvil ransomware operators will likely be the only group to bid. 3 (@pancak3lullz) October 15, 2020.

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Ransomware Malware Advertising Cybercrime 136

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.

Cryptocurrency 129

Cryptocurrency Cybercrime Media Government 129

Malwarebytes

MAY 10, 2021

Ransomware caused major trouble last week, as the famous Colonial Pipeline fell victim to a devastating cyber-attack. Ransomware brought everything to a standstill on Friday. This is a group that rose to mainstream prominence in 2020, via dubious donations to charities. Presenting: the Colonial Pipeline. That’s where we are now.

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Ransomware Cryptocurrency Banking Government 131

Krebs on Security

JANUARY 30, 2024

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. 9, 2024, U.S.

Social Engineering 318

Social Engineering Mobile Cybercrime Passwords 318

SecureWorld News

MARCH 25, 2021

A $50 million ransomware demand has been made against the company by the REvil cybercrime group, which is reportedly the largest known ransomware demand ever made. In the fourth quarter of 2020, the company reported revenue of about $3 billion, which could explain why they are now facing such a steep extortion price.

Ransomware 61

Ransomware Computers and Electronics Manufacturing Cybercrime 61

SecureWorld News

JUNE 17, 2021

The Ukrainian Cyberpolice Department recently detained six hackers for the use of the ransomware program known as "Clop.". For decrypting the information, the attackers received a 'ransom' in cryptocurrency. Clop used in other ransomware attacks. In April 2020, Clop was used to attack the large U.S.

Ransomware 98

Ransomware Cryptocurrency Encryption Retail 98

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. ” The Ontario Provincial Police (OPP) on Tuesday said the investigation began in January 2020 when the U.S.

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Cybercrime Ransomware Accountability Advertising 275

SecureWorld News

MARCH 16, 2023

Cryptocurrency has become a popular way to conduct transactions online, but it has also become a popular tool for cybercriminals. One of the ways they have been able to use crypto to their advantage is through the use of cryptocurrency mixers. One of the largest cryptocurrency mixers in the world is, or rather was , ChipMixer.

Cryptocurrency 76

Cryptocurrency Identity Theft Marketing Cybercrime 76

SecureList

NOVEMBER 22, 2022

As the financial threat landscape has been dramatically evolving over the past few years, with the expansion of such activities as ransomware or cryptofraud, we believe it is no longer sufficient to look at the threats to traditional financial institutions (like banks), but rather assess financial threats as a whole.

Cryptocurrency 87

Cryptocurrency Mobile Ransomware Banking 87

Security Affairs

JULY 1, 2020

Experts discovered a new ransomware dubbed EvilQuest designed to target macOS systems, it also installs a keylogger and a reverse shell to take over them. Unlike other MacOSx threats, EvilQuest also installs a keylogger, a reverse shell, and steals cryptocurrency wallets from infected hosts. ” reads the analysis wrote by Wardle.

Ransomware 120

Ransomware Malware Encryption Software 120

SecureWorld News

JUNE 17, 2021

The Ukrainian Cyberpolice Department recently detained six hackers for the use of the ransomware program known as Clop. For decrypting the information, the attackers received a 'ransom' in cryptocurrency. Clop used in other ransomware attacks. In April 2020, Clop was used to attack the large U.S.

Ransomware 52

Ransomware Cryptocurrency Encryption Retail 52

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 91

Energy and Utilities Ransomware Manufacturing Financial Services 91

Malwarebytes

APRIL 30, 2021

The Ransomware Task Force (RTF), a think tank composed of more than 60 volunteer experts who represent organizations encompassing industries and governments, has recently pushed out a comprehensive and strategic plan for tackling the increasing threat and evolution of ransomware. ” Ransomware: a threat to national security.

Ransomware 73

Ransomware Government Education Cybercrime 73

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

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Ransomware Cyber Insurance Insurance Antivirus 97

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.

Cryptocurrency 59

Cryptocurrency Risk Marketing Architecture 59

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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Ransomware Backups Software Encryption 97

Security Affairs

FEBRUARY 20, 2024

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

Energy and Utilities 101

Energy and Utilities Ransomware Manufacturing Financial Services 101

SecureWorld News

MARCH 28, 2022

While it should come as no surprise that cybercrime broke pretty much every record in 2021, the actual numbers behind the crimes are quite revealing. Cybercrime in the last five years. The first section of the report provides an overview of what cybercrime has looked like in the last five years. Ransomware in 2021.

Internet 74

Internet Internet Cybercrime Ransomware 74

Malwarebytes

SEPTEMBER 18, 2023

In a public announcement , Free Download Manager has acknowledged that a specific web page on its site was compromised by a Ukrainian cybercrime group, exploiting it to distribute malware. In the announcement the service says the actual security incident took place in 2020. So why was the issue only recently discovered?

Malware 112

Malware Cryptocurrency Cybercrime Software 112

SecureWorld News

SEPTEMBER 23, 2021

This includes the fight against ransomware. His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. This ranges from Secret Service agents discussing elements of cyber hygiene with those they protect to tracking down cybercrime fugitives.

Ransomware 70

Ransomware Cyber Insurance Insurance Government 70

SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.

Cybersecurity 121

Cybersecurity Cyber Insurance Cybercrime IoT 121

Security Boulevard

OCTOBER 27, 2022

1) In late October, Hive ransomware claimed the attack and began leaking data stolen from Tata Power on its website. (16) Indian authorities blamed malware for a two-hour long power outage also in Mumbai in October 2020, and later indicated they believed the incident to be the result of deliberate action, according to press reports.

Cyber Risk 52

Cyber Risk Risk Cryptocurrency Backups 52

Security Affairs

DECEMBER 17, 2021

Experts at Check Point Research have monitored the resurgence of the Phorpiex botnet, an old threat that was involved in sextortion spam campaigns , crypto-jacking, cryptocurrency clipping (substituting the original wallet address saved in the clipboard with the attacker’s wallet address during a transaction) and ransomware attacks in the past.

Cryptocurrency 92

Cryptocurrency Cybercrime Malware Hacking 92

The Last Watchdog

SEPTEMBER 28, 2022

According to a new study, phishing attacks rose 61 percent in 2022, with cryptocurrency fraud increasing 257 percent year-over-year. Malicious ransomware is one of the top-growing cyberattack threats companies face. A recent survey showed that one-third of all real estate transactions had a wire fraud attempt in 2020.

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Phishing Scams Cybercrime Passwords 124

Security Affairs

MARCH 4, 2023

FiXS, a new ATM malware that is targeting Mexican banks BidenCash leaks 2.1M stolen credit/debit cards Pegasus spyware used to spy on a Polish mayor Hundreds of thousands of websites hacked as part of redirection campaign MQsTTang, a new backdoor used by Mustang Panda APT against European entities Trusted Platform Module (TPM) 2.0

Spyware 82

Spyware Data breaches Retail Ransomware 82

SecureList

FEBRUARY 23, 2022

share in 2020 to the second most common in 2021 with 12.2%. Emotet (9.3%), described by Europol as “the world’s most dangerous malware”, underwent a drop of five percentage points between 2020 and 2021.This The mass change in cybercriminals’ objectives and methods seen in 2020 continued in 2021.

Banking 94

Banking Phishing Cryptocurrency Malware 94