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Russia Charges Notorious Ransomware Developer in Rare Cybercrime Case

SecureWorld News

In a surprising move related to international cybercrime, Russian authorities have charged Mikhail Matveev, also known as "Wazawaka," with creating ransomware to extort commercial organizations, according to Russian media outlet RIA. His alleged exploits include: The 2021 attack on Washington, D.C.'s Multiple attacks on critical U.S.

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U.S. Offered $10M for Hacker Just Arrested by Russia

Krebs on Security

In January 2022, KrebsOnSecurity identified a Russian man named Mikhail Matveev as “ Wazawaka ,” a cybercriminal who was deeply involved in the formation and operation of multiple ransomware groups. government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest.

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EDR-as-a-Service makes the headlines in the cybercrime landscape

Security Affairs

Cybercriminals exploit compromised accounts for EDR-as-a-Service (Emergency Data Requests – EDR), targeting major platforms According to a detailed analysis conducted by Meridian Group, an increasingly complex and structured phenomenon, commonly referred to as EDR-as-a-Service, is taking hold in the cybersecurity landscape.

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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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US DoJ charges five alleged members of the Scattered Spider cybercrime gang

Security Affairs

Justice Department charged five suspects linked to the Scattered Spider cybercrime gang with wire fraud conspiracy. Justice Department charged five alleged members of the cybercrime gang Scattered Spider (also known as UNC3944 , 0ktapus ) with conspiracy to commit wire fraud. ” reads the press release published by DoJ. .

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GUESST ESSAY: Cybercrime for hire: small businesses are the new bullseye of the Dark Web

The Last Watchdog

Small businesses make up 90% of all companies worldwide and account for half of global GDP. And thanks to an explosion of inexpensive cybercrime-as-a-service offerings on the dark web, launching an attack is easier and cheaper than ever. Carrying cyber insurance that covers downtime, breaches, and ransomware.

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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

Criminal hackers will try almost anything to get inside a profitable enterprise and secure a million-dollar payday from a ransomware infection. ” This attacker’s approach may seem fairly amateur, but it would be a mistake to dismiss the threat from West African cybercriminals dabbling in ransomware. billion in 2020.