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How Cryptocurrency and Cybercrime Trends Influence One Another

Webroot

Typically, when cryptocurrency values change, one would expect to see changes in crypto-related cybercrime. But that doesn’t necessarily mean you’ll see big spikes in ransomware or cryptojacking. As we see cryptocurrency values rise and fall, how should we interpret shifts in the threats we can expect to see?

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DarkSide Ransomware Gang Quits After Servers, Bitcoin Stash Seized

Krebs on Security

The DarkSide ransomware affiliate program responsible for the six-day outage at Colonial Pipeline this week that led to fuel shortages and price spikes across the country is running for the hills. The DarkSide message includes passages apparently penned by a leader of the REvil ransomware-as-a-service platform.

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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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$12.5 billion lost to cybercrime, amid tidal wave of crypto investment fraud

Graham Cluley

If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it's time to wake up. Read more in my article on the Tripwire State of Security blog. The FBI's latest annual Internet Crime Complaint Center (IC3) report has just been published, and makes for some grim reading.

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REvil Ransomware Gang Starts Auctioning Victim Data

Krebs on Security

The criminal group behind the REvil ransomware enterprise has begun auctioning off sensitive data stolen from companies hit by its malicious software. A partial screenshot from the REvil ransomware group’s Dark Web blog. and Europe in early March.” So it’s a double vig.”

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What Is Ransomware As A Service?: What You Need To Know

SiteLock

You’ve likely heard of ransomware, the highly profitable cybercrime through which malicious actors gain unauthorized access to sensitive data and hold it hostage in exchange for a ransom, typically paid in cryptocurrency. With that in mind, you’re likely wondering “What is ransomware as a service?” What is […].

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Venezuelan cardiologist accused of operating and selling Thanos ransomware

Security Affairs

Justice Department accused a 55-year-old Venezuelan cardiologist of operating and selling the Thanos ransomware. Justice Department accused Moises Luis Zagala Gonzalez, a 55-year-old cardiologist from Venezuela, of operating and selling the Thanos ransomware. Thanos ransomware (a.k.a.