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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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How The FBI Seized Bitcoin from Colonial Pipeline Hackers – Does Law Enforcement Have More Control Over Cryptocurrencies Than People Believe?

Joseph Steinberg

According to the FBI, it has successfully seized most of the Bitcoin ransom paid by Colonial Pipeline to “Darkside” criminals after the highly publicized ransomware attack that led to recent gas shortages in multiple US States.

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Customer Care Giant TTEC Hit By Ransomware

Krebs on Security

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. Englewood, Co.-based

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DoJ seized credit card marketplace PopeyeTools and charges its administrators

Security Affairs

Stolen information offered for sale on the carding website included bank account, credit card, and debit card numbers and associated information for conducting transactions. seized $283,000 in cryptocurrency from an account linked to Sami as part of actions against the illicit activities of PopeyeTools. million in revenue.

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U.S. Indicts North Korean Hackers in Theft of $200 Million

Krebs on Security

billion from banks and other victims worldwide. Confirmed thefts attributed to the group include the 2016 hacking of the SWIFT payment system for Bangladesh Bank, which netted thieves $81 million; $6.1 Investigators with the DOJ, U.S. The group is thought to be responsible for the attempted theft of approximately $1.2

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Who Wrote the ALPHV/BlackCat Ransomware Strain?

Krebs on Security

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. Image: Varonis. ” Meanwhile, the U.S.

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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.