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Four REvil Ransomware members sentenced for hacking and money laundering

Security Affairs

Russian authorities sentenced four members of the REvil ransomware operation to several years in prison in Russia. Four former members of the REvil ransomware group were sentenced in Russia for hacking and money laundering, marking a rare case of Russian gang members being convicted in the country. Vasinskyi was extradited to the U.S.

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The ‘Groove’ Ransomware Gang Was a Hoax

Krebs on Security

A number of publications in September warned about the emergence of “ Groove ,” a new ransomware group that called on competing extortion gangs to unite in attacking U.S. 22 on RAMP , a new and fairly exclusive Russian-language darknet cybercrime forum. government interests online. “An appeal to business brothers!”

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Insurance and Ransomware

Schneier on Security

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.

Insurance 333
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This Service Helps Malware Authors Fix Flaws in their Code

Krebs on Security

is cybercrime forum. “We can examine your (or not exactly your) PHP code for vulnerabilities and backdoors,” reads his offering on several prominent Russian cybercrime forums. ” As proof of his service’s effectiveness, RedBear points to almost a dozen articles on Krober[.]biz

Malware 360
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Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

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. penned a two-part analysis on why smart contracts will make ransomware more profitable. “Cryptocurrency article contest! .

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BlackMatter rises from the ashes of notorious cybercrime gangs to pose new ransomware threat

The State of Security

A new ransomware gang that calls itself BlackMatter has launched itself on the dark web, and is actively attempting to recruit criminal partners and affiliates to attack large organisations in the United States, UK, Canada, and Australia.

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Security Affairs newsletter Round 494 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Every week the best security articles from Security Affairs are free in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.