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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.

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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.

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AkiraBot: AI-Powered spam bot evades CAPTCHA to target 80,000+ websites

Security Affairs

. “These technologies are primarily used by small- to medium-sized businesses for their ease in enabling website development with integrations for eCommerce, website content management, and business service offerings.”

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Operation Phobos Aetor: Police dismantled 8Base ransomware gang

Security Affairs

The 8Base ransomware group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. Source Nation Thailand The gang compromised at least 17 Swiss companies using the Phobos ransomware between April 2023 and October 2024.

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Embargo Ransomware nets $34.2M in crypto since April 2024

Security Affairs

million in incoming transaction volume likely associated with the group, with most victims located in the United States (US) in the healthcare, business services, and manufacturing sectors.” The RaaS mainly targeted US healthcare, business services, and manufacturing. ” reads the report published by TRM Labs.

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Stormous Ransomware gang targets North Country HealthCare, claims 600K patient data stolen

Security Affairs

The group has targeted at least 150 organizations, focusing on sectors like healthcare, hospitality, technology, business services, and government. .” Stormous is a pro-Russia ransomware group active since early 2022. It uses a double extortion model. Most of the victims are in Spain, the U.S., UAE, France, and Brazil.