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Russia Charges Notorious Ransomware Developer in Rare Cybercrime Case

SecureWorld News

In a surprising move related to international cybercrime, Russian authorities have charged Mikhail Matveev, also known as "Wazawaka," with creating ransomware to extort commercial organizations, according to Russian media outlet RIA.

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Cybercrime Soars: FBI's 2024 Report Reveals $16.6 Billion in Losses

SecureWorld News

The FBI's Internet Crime Complaint Center (IC3) has released its 2024 Internet Crime Report, marking a record-breaking year in cybercrime. billion in reported losses, a 33% increase from 2023, underscoring the escalating threat landscape faced by individuals and organizations alike. The report highlights a staggering $16.6

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Crazy Evil gang runs over 10 highly specialized social media scams

Security Affairs

Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. “Targeting of Cryptocurrency Users and Influencers: Crazy Evil explicitly victimizes the cryptocurrency space with bespoke spearphishing lures.”

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Security Affairs newsletter Round 498 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

CISA adds Palo Alto Networks Expedition bugs to its Known Exploited Vulnerabilities catalog Hackers target critical flaw CVE-2024-10914 in EOL D-Link NAS Devices China-linked threat actors compromised multiple telecos and spied on a limited number of U.S.

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Bybit Hack: $1.46 Billion Crypto Heist Points to North Korea's Lazarus Group

SecureWorld News

On February 21, 2025, the cryptocurrency world was rocked by the largest crypto heist in history. billion theft from Bybit is set to drastically reshape the cryptocurrency sector, most likely leading to a new era of regulatory scrutiny and security practices. billion in crypto assets.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

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Sekoia: Latest in the Financial Sector Cyber Threat Landscape

Tech Republic Security

Phishing, infostealer malware, ransomware, supply chain attacks, data breaches and crypto-related attacks are among the top evolving threats in the financial sector, says Sekoia.