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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. monster; -anonymous SMS services, including anonsim[.]net work and kopeechka[.]store com and rdp[.]monster;

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U.S. Justice Department Cracks Down on Scattered Spider Phishing Ring

SecureWorld News

The United States Department of Justice (DOJ) has unsealed charges against five individuals accused of orchestrating sophisticated phishing campaigns tied to the notorious Scattered Spider cybercrime group. If something about the text or email you received or website you're viewing seems off, it probably is." "The

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Authorities released free decryptor for Phobos and 8base ransomware

Security Affairs

The group has been active since March 2022, it focused on small and medium-sized businesses in multiple industries, including finance, manufacturing, business services, and IT. Ptitsyn and his conspirators used a ransomware-as-a-service (RaaS) model to distribute their malware to a network of affiliates.

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Ransomware Attacks on Schools: 'Dirty, Rotten Scoundrels' Stop Online Learning

SecureWorld News

"We talked about the possibility of waiting to the end of school, but our IT folks said, just like any other infection, the longer you let it go the worse it is going to get," said Assistant Superintendent of Business Services Larry Teixeira. There's a lot of extradition issues with countries, so cybercrime has really grown.