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. Vasinskyi was extradited to the U.S.

Ransomware 79

Ransomware Cryptocurrency Cybercrime Encryption 79

Malwarebytes

SEPTEMBER 19, 2023

The German police in cooperation with the US Secret Service have executed search warrants against suspected members of the DoppelPaymer ransomware group in Germany and Ukraine. Cryptocurrency investigators use specialized strategies to track down criminals. Although cryptocurrency is anonymous, that doesn't mean it's untraceable.

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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

Cryptocurrency Ransomware Government Risk 98

Bleeping Computer

NOVEMBER 12, 2021

This week, law enforcement struck a massive blow against the REvil ransomware operation, with multiple arrests announced and the seizure of cryptocurrency. [.].

Ransomware 107

Ransomware Cryptocurrency 107

Security Boulevard

DECEMBER 21, 2021

Malware: Ransomware Attacks Don Not Let Up at the End of 2021. In what seems like an appropriate end to a year defined by an increased focus on ransomware, December proved to be a busy month for cyber defenders. Organizations of all kinds around the world fell victim to or became aware of ransomware attacks.

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Ransomware Cryptocurrency Accountability Malware 104

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.

Cryptocurrency 85

Cryptocurrency Cybercrime Ransomware 85

Bleeping Computer

SEPTEMBER 24, 2021

This week's biggest news is the USA sanctioning a crypto exchange used by ransomware gangs to convert cryptocurrency into fiat currency. By targeting rogue exchanges, the US government is hoping to disrupt ransomware's payment system. [.].

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Ransomware Cryptocurrency Government 96

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 Cryptocurrency is vital to modern cybercrime. But cryptocurrency has matured. million from the cybercriminals. Why is that?

Cryptocurrency 74

Cryptocurrency Cybercrime Ransomware Government 74

CyberSecurity Insiders

JUNE 23, 2021

million ransomware attack attempts were detected by its researchers in May 2021, highlighting the fact that ransomware has become the most profitable cyber weapon for hackers to bank on. SonicWall researchers suggest that the maximum increase in ransomware incidents was seen in the United States followed by the United Kingdom.

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Ransomware Cryptocurrency Banking Encryption 72

CyberSecurity Insiders

APRIL 21, 2022

Vulnerability in Microsoft Exchange Servers is allowing hackers to deploy hive ransomware and other backdoors, including Cobalt Strike Beacon, having capabilities of stealing cryptocurrency from wallets and deploy crypto mining software. High) to 9.8

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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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Ransomware Backups Software Encryption 97

Krebs on Security

SEPTEMBER 15, 2021

TTEC , [ NASDAQ: TTEC ], a company used by some of the world’s largest brands to help manage customer support and sales online and over the phone, is dealing with disruptions from a network security incident resulting from a ransomware attack, KrebsOnSecurity has learned. ET: TTEC confirmed a ransomware attack. Update, 6:20 p.m.

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Ransomware Banking Cryptocurrency Media 324

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.

Cyber Attacks 109

Cyber Attacks Ransomware Insurance Hacking 109

Krebs on Security

FEBRUARY 1, 2024

government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.

Cryptocurrency 228

Cryptocurrency Ransomware Retail Government 228

Security Affairs

JULY 23, 2022

DoJ seized $500,000 worth of Bitcoin from North Korea-linked threat actors who are behind the Maui ransomware. Department of Justice (DoJ) has seized $500,000 worth of Bitcoin from North Korean threat actors who used the Maui ransomware to target several organizations worldwide. ” reads the announcement published by DoJ.

Ransomware 126

Ransomware Healthcare Cryptocurrency Encryption 126

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.

Ransomware 260

Ransomware Accountability Cybercrime Malware 260

Security Affairs

JULY 15, 2022

Microsoft researchers linked the Holy Ghost ransomware (H0lyGh0st) operation to North Korea-linked threat actors. The Microsoft Threat Intelligence Center (MSTIC) researchers linked the activity of the Holy Ghost ransomware (H0lyGh0st) operation to a North Korea-linked group they tracked as DEV-0530. ” concludes Microsoft.

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Ransomware Cryptocurrency Government Small Business 129

Security Affairs

MARCH 8, 2021

Experts warn of ongoing attacks targeting QNAP network-attached storage (NAS) devices to abuse them in cryptocurrency mining. Researchers at 360Netlab are warning of a cryptocurrency malware campaign targeting unpatched QNAP network-attached storage (NAS) devices. Unity is an XMRig cryptocurrency miner. and Quick.tar.gz.

Cryptocurrency 105

Cryptocurrency Firmware Malware Threat Detection 105

Digital Shadows

JUNE 7, 2021

It’s been a pretty big year so far for cryptocurrency. After it reached an all-time high in April 2021, new investors desperate not to miss out on the digital gold rush flocked to the exchanges to buy Bitcoin and altcoins. Cryptocurrencies’ current total market cap sits just above $1.7 Marx would be livid!

Cryptocurrency 52

Cryptocurrency Phishing Advertising Antivirus 52

SecureList

MARCH 3, 2022

2021 is the second year we have spent living and working in the pandemic. By 2021 everyone got used to pandemic limitations – industrial organization employees and IT security professionals and threat actors. If we compare the numbers from 2020 and 2021, we see that 2021 looks more stable, particularly in H2. Ransomware.

Spyware 84

Spyware Ransomware Cryptocurrency Phishing 84

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%

Banking 93

Banking Phishing Cryptocurrency Malware 93

CyberSecurity Insiders

JULY 22, 2021

Kaseya Software Company has released an update that all its software users who have fallen prey to the ransomware attack will receive a free decryptor to unlock their database files on a respective note. Going with the details, REvil is a ransomware group that is suspected to be linked to Russian Intelligence.

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Ransomware Cryptocurrency Software Government 131

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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Ransomware Government Cryptocurrency Cybersecurity 100

CyberSecurity Insiders

AUGUST 7, 2022

Research carried out by Reversing Labs suggests that a new ransomware is invading government related Linux Systems in South Korea and the malware is mainly targeting industries and pharmaceutical companies. Like all other ransomware variants, Gwisin is also indulging in double extortion tactics.

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Ransomware Surveillance Encryption Cryptocurrency 118

CyberSecurity Insiders

JANUARY 10, 2022

Ragnar Locker Ransomware, notorious hacking group that spreads file encrypting malware to large-scale organizations, has hit a security firm this time and stole data to prove it’s worth. The post Ragnar Locker Ransomware strikes a cybersecurity firm appeared first on Cybersecurity Insiders.

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Ransomware Cybersecurity IoT Cryptocurrency 135

Malwarebytes

JULY 20, 2022

The Justice Department today announced a complaint filed in the District of Kansas to forfeit cryptocurrency paid as ransom to North Korean hackers or otherwise used to launder such ransom payments. Maui ransomware. Malwarebytes recently reported on the North Korean APT that targets US healthcare sector with Maui ransomware.

Ransomware 90

Ransomware Cryptocurrency Healthcare Firmware 90

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 105

Ransomware Cryptocurrency Hacking Cybercrime 105

CyberSecurity Insiders

DECEMBER 22, 2021

Britain-based data security firm NCC Group has released a report that most of the double extortion attacks launched in November 2021 were driven by PYSA ransomware aka Mespinoza. As usual, PYSA ransomware first steals data and then encrypts the victimized database until a ransom is paid.

Ransomware 101

Ransomware Encryption Cryptocurrency Malware 101

CyberSecurity Insiders

JUNE 15, 2021

All the world leaders who took part at the G7 Summit held in Cornwall, UK have agreed on a unanimous note that ransomware and cyber attacks have emerged as the biggest threats to their nation in recent times. Leaders who have participated in the G7 Summit 2021 concluded that AI technology must be used to cut down crime in the security sphere.

Cyber Attacks 138

Cyber Attacks Ransomware Cryptocurrency Malware 138

Security Affairs

FEBRUARY 10, 2023

North Korea-linked APT groups conduct ransomware attacks against healthcare and critical infrastructure facilities to fund its activities. Ransomware attacks on critical infrastructure conducted by North Korea-linked hacker groups are used by the government of Pyongyang to fund its malicious cyber operations, U.S.

Ransomware 78

Ransomware Healthcare Cryptocurrency Government 78

CyberSecurity Insiders

AUGUST 25, 2021

All these days the government agencies and corporate networks were busy in combating known ransomware groups such as REvil, Conti, DarkSide, CLOP and Egregor along with Babuk, DopplePaymer and Ragnar. Going deep into the details, LockBit ransomware that existed since Sept’19 and has transformed into a new version dubbed 2.0

Ransomware 136

Ransomware Healthcare Cryptocurrency Government 136

Security Boulevard

MAY 3, 2021

roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, April 2021. The Ransomware Scourge. It will take nothing less than our total collective effort to mitigate the ransomware scourge. ” . Think Before You LinkedIn!

Ransomware 124

Ransomware Passwords Scams Government 124

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. Despite ransomware grabbing all the headlines in 2021, the report claims that BEC crimes had the most impact. Ransomware in 2021.

Internet 71

Internet Internet Cybercrime Ransomware 71

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.

Malware 83

Malware Banking Penetration Testing Healthcare 83

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.,

Ransomware 133

Ransomware Cryptocurrency Banking Government 133

CyberSecurity Insiders

APRIL 19, 2022

A study conducted by Cybersecurity Firm Mandiant confirms that ransomware actors are increasingly targeting virtualization platforms to extort ransom in large amounts. The year 2021 witnessed an increase in ransomware attacks on Corporate IT environments.

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Ransomware Cyber Insurance Insurance Cryptocurrency 120

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. Treasury Department released its Financial Trend Analysis report on Friday, providing the lay of the land when it comes to ransomware in the first two quarters of 2021.

Ransomware 87

Ransomware Cryptocurrency Cybercrime Cybersecurity 87