Krebs on Security

MARCH 7, 2022

Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today. This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies.

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Security Affairs

DECEMBER 14, 2023

French police arrested a Russian national who is suspected of laundering money resulting from the criminal activity of the Hive ransomware gang. The French authorities arrested in Paris a Russian national who is suspected of laundering criminal proceeds for the Hive ransomware gang. anti-cybercrime (Ofac).”

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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. But cryptocurrency has matured.

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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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Security Weekly

JUNE 1, 2021

While 2021 will, unfortunately, play host to a wide variety of threats, it’s unlikely any factor will feature more prominently than cryptocurrency. Two types of attacks leverage cryptocurrency directly: extortion and cryptojacking. Before cryptocurrency, cybercriminals worked a lot harder to get paid a lot less.

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Krebs on Security

JANUARY 28, 2022

In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “ BlackCat “), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language. Image: Varonis. ” Meanwhile, the U.S.

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Security Affairs

OCTOBER 3, 2021

The Biden administration announced it will work with 30 countries, including NATO allies and G7 partners, to curb global cybercrime. President Joe Biden announced that the US will work with 30 countries to curb cybercrime and dismantle ransomware gangs that are targeting organizations worldwide. Pierluigi Paganini.

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Cybercrime Artificial Intelligence Ransomware Cryptocurrency 93

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.

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Security Affairs

JANUARY 3, 2022

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? The systems at the company were infected with the Phoenix Locker, a variant of ransomware tracked as Hades that was part of the arsenal of the cybercrime group known as Evil Corp.

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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.

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Security Affairs

MARCH 23, 2024

An operation conducted by the Federal Criminal Police Office in Germany (BKA) and the Frankfurt cybercrime combating unit (ZIT) led to the seizure of the infrastructure of the darknet marketplace Nemesis Market in Germany and Lithuania. The law enforcement confiscated about 94,000 euros worth of cryptocurrencies.

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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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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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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. The findings? The findings?

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SecureWorld News

NOVEMBER 8, 2023

The United States Treasury Department's Office of Foreign Assets Control (OFAC) has taken decisive action against Ekaterina Zhdanova, a Russian national, for her significant role in laundering and transferring funds using virtual currency on behalf of Russian elites and ransomware actors, including the notorious Ryuk gang.

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SecureWorld News

FEBRUARY 20, 2024

In a massive coordinated effort, law enforcement agencies from the United States and United Kingdom have dismantled the infrastructure of the notorious LockBit ransomware gang. LockBit has been linked to more than $100 million in ransom payments from victims across the globe since 2021. However, cybercriminals adapt quickly.

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SecureList

NOVEMBER 23, 2021

Then we will go through the key events of 2021 relating to attacks on financial organizations. Analysis of forecasts for 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. MageCart attacks moving to the server side.

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The Last Watchdog

SEPTEMBER 7, 2022

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. They could be on the other side of the globe, part of a cybercrime regime that will never be discovered, much less brought to justice. Ransomware usually starts with a phishing email. Prevalence. A typical attack.

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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. " — Harry Litman (@harrylitman) May 9, 2021. ” DarkSide ransomware gang, which shut down the largest oil pipeline in the U.S.,

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SecureList

FEBRUARY 23, 2022

The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. share in 2020 to the second most common in 2021 with 12.2%. The mass change in cybercriminals’ objectives and methods seen in 2020 continued in 2021. Phishing: In 2021, 8.2%

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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

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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.

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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? Famously volatile , a crash is widely expected to accompany the current bubble, perhaps before the end of 2021. Patient ones, at least.

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Krebs on Security

NOVEMBER 8, 2021

Department of Justice today announced the arrest of Ukrainian man accused of deploying ransomware on behalf of the REvil ransomware gang, a Russian-speaking cybercriminal collective that has extorted hundreds of millions from victim organizations. million in cryptocurrency sent to another REvil affiliate, and that the U.S.

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SecureWorld News

AUGUST 8, 2022

Cybersecurity and Infrastructure Security Agency (CISA) and the Australian Cyber Security Centre (ACSC) released a joint Cybersecurity Advisory (CSA) providing details on the top malware strains of 2021. The top malware strains in 2021 included remote access Trojans (RATs), banking Trojans, information stealers, and ransomware.

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Security Affairs

JUNE 11, 2023

Experts found new MOVEit Transfer SQL Injection flaws The University of Manchester suffered a cyber attack and suspects a data breach Russians charged with hacking Mt.

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CyberSecurity Insiders

APRIL 5, 2023

North Korea has established a hacking group named APT43 to fund its cybercrime activities, aimed at advancing Pyongyang’s geopolitical interests. Since September 2021, the group of cyber criminals has shifted its focus to the healthcare and pharmaceutical industries.

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Security Affairs

SEPTEMBER 3, 2021

USCYBERCOM is urging organizations to patch a critical CVE-2021-26084 flaw in Atlassian Confluence Server and Data Center, ahead of the Labor Day weekend. . US Cyber Command (USCYBERCOM) has issued an alert to warn US organizations to address Atlassian Confluence CVE-2021-26084 vulnerability immediately, ahead of the Labor Day weekend.

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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

SEPTEMBER 21, 2021

Just two weeks ago, SecureWorld’s Drew Todd reported on 5 Ransomware Attacks Targeting Food and Agriculture. A Russia-based ransomware gang by the name of BlackMatter hit Iowa grain co-op New Cooperative, Inc. They [Ransomware gangs] have got you boxed into a corner. How do you fight against ransomware attacks?

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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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Digital Shadows

JANUARY 10, 2022

Ransomware continued to represent arguably the biggest headache for incident responders and blue teams in 2021, and the upcoming year. The post How Do Ransomware Groups Launder Payments? first appeared on Digital Shadows.

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SecureWorld News

JUNE 2, 2022

Cybersecurity and Infrastructure Security Agency (CISA) warned of ransomware operators using holidays to their advantage. This week, CISA, the FBI, and other government organizations issued a joint Cybersecurity Advisory , providing information on a ransomware gang known as the Karakurt data extortion group, or the Karakurt Team.

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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.

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Krebs on Security

MAY 4, 2023

government this week put a $10 million bounty on the head of a Russian man who for the past 18 years operated Try2Check , one of the cybercrime underground’s most trusted services for checking the validity of stolen credit card data. In 2017, U.S. In Kulkov’s case, it no doubt was critical to U.S.

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Security Boulevard

DECEMBER 21, 2021

Online theft is nothing new – but 2021 saw cybercrime go to a whole new level. As we all spent more time at home (and therefore more time online), Avast tracked increases in everything from ransomware to cryptocurrency scams to phishing. .

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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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