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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.
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
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.”
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.
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.
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 cyberthreats.
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.
The Biden administration announced it will work with 30 countries, including NATO allies and G7 partners, to curb global cybercrime. President Joe Biden announced that the US will work with 30 countries to curb cybercrime and dismantle ransomware gangs that are targeting organizations worldwide. Pierluigi Paganini.
Persistent ransomware threats, increasing risk to critical infrastructure, state-sponsored activity, more bad actors, and new, disruptive technologies are the five cyberthreat narratives noted in the National CyberThreat Assessment 2023-2024 recently released by the Canadian Centre for Cyber Security.
While cryptocurrencies have been celebrated for their potential to revolutionize finance, their anonymous nature has also been exploited for illicit activities. From drug dealing and arms trafficking to funding terrorism, black market activities have thrived under the cloak of cryptocurrency’s pseudonymity.
According to Group-IB’s report findings, Asia is one of the most actively attacked regions in the world, the company presented latest cybercrime trends. In 2017-2018 hackers’ interest in cryptocurrency exchanges ramped up. Thus, 60% of the total amount was stolen from Coincheck , a Japanese cryptocurrency exchange.
A former Canadian government IT worker admitted to being a high-level member of the Russian cybercrime group NetWalker. to charges related to his involvement with the Russian cybercrime group NetWalker. in cryptocurrency obtained from ransom payments. Some of the Defendant’s students were likely other cyberthreat actors.”
Microsoft recently released its Digital Defense Report 2022 , examining the current threat landscape, touching on the first "hybrid war" that is the Ukraine-Russia conflict, reviewing the current state of cybercrime, and identifying the characteristics needed to successfully defend against future threats. The key takeaway?
House banned WhatsApp on government devices due to security concerns Russia-linked APT28 use Signal chats to target Ukraine official with malware China-linked APT Salt Typhoon targets Canadian Telecom companies U.S.
Th e US DoJ announced a new Cyber Fellowship program for training prosecutors and attorneys on cybersecurity. The US DoJ announced a new Cyber Fellowship program for training selected prosecutors and attorneys on cyberthreat and threat actors. Attorneys’ Offices. ” reads the announcement published by DoJ.
An operation coordinated by Interpol, dubbed Goldfish Alpha, dismantled an illegal cryptocurrency network operating in Southeast Asia. Interpol announced that it has coordinated a successful international operation aimed at removing cryptocurrency miners that infected routers located in Southeast Asia. Pierluigi Paganini.
The BlackCloak Threat Intelligence Team is currently observing and pinpointing new strategies deployed by cybercriminals targeting venture capital and private equity firms with investments in cryptocurrency.
The United States agencies released a joint advisory warning of ‘significant cyberthreat’ posed by North Korea-linked hackers to the global financial sector. “In particular, the United States is deeply concerned about North Korea’s malicious cyber activities, which the U.S. ” reads the advisory.
The man is currently being held in the Netherlands, he was charged for his alleged role the international cybercrime operation known as Raccoon Infostealer. The Raccoon stealer was first spotted in April 2019, it was designed to steal victims’ credit card data, email credentials, cryptocurrency wallets, and other sensitive data.
As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyberthreats we face daily? According to PurpleSec, 98% of cybercrime relies on social engineering to accomplish it.
The cybercrime marketplace also continued to get more robust while the barrier to entry for malicious actors continued to drop. This has created a perfect breeding ground for aspiring cybercriminals and organized cybercrime groups that support newcomers with venture capitalist-style funding. Cryptocurrency.
“The main functionality of Cthulhu Stealer is to steal credentials and cryptocurrency wallets from various stores, including game accounts. Although Cthulhu Team is seemingly no longer active, this serves as a reminder that Apple users are not immune to cyberthreats. ” reads the report published by Cado Security.
North Korea has established a hacking group named APT43 to fund its cybercrime activities, aimed at advancing Pyongyang’s geopolitical interests. Since September 2021, the group of cyber criminals has shifted its focus to the healthcare and pharmaceutical industries.
Ransomware Revenue Down As More Victims Refuse to Pay Energy giant Schneider Electric hit by Cactus ransomware attack Hundreds Of Network Operators’ Credentials Found Circulating In Dark Web Fla.
Researchers from Kroll’s CyberThreat Intelligence team discovered a malicious Python package uploaded to the Python Package Index (PyPI) that contained a fully-featured information stealer and remote access trojan tracked as Colour-Blind. The malware relies on the anonymous file transfer service“transfer[.]sh,”
You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Premiums are based on how much you have to lose, and tailoring types of cybercrime to your package needs. Despite this, losses incurred through cryptocurrency aren’t included which could be a deal breaker for many people.
WordPress sites using the Ultimate Member plugin are under attack LockBit gang demands a $70 million ransom to the semiconductor manufacturing giant TSMC Avast released a free decryptor for the Windows version of the Akira ransomware Iran-linked Charming Kitten APT enhanced its POWERSTAR Backdoor miniOrange’s WordPress Social Login and Register plugin (..)
Cryptojacking : Hides on your device and steals its computing resources to mine cryptocurrencies like Bitcoin. So how do we protect ourselves from this type of cybercrime? Adware : Installs itself on your device and displays unwanted online advertisements and pop-ups.
The discovery of STYX coincides with Resecurity financial crime risk analysts observing a significant increase in threat actors offering money-laundering services that exploit digital banking and cryptocurrency accounts. FIs need to be proactive in protecting their networks and customer data from cyberthreats.
The cybercrime gang RansomHub has claimed responsibility and is threatening to release "a massive trove of sensitive personal information" belonging wealthy clients of Christie's unless their ransom demand is met. When it comes to ransomware, or any other cyberthreat vector, the best offense is a good defense.
The campaign represents a significant evolution in the Lazarus Group's strategy, moving beyond its traditional focus on cryptocurrency and financial institutions. Use of sandbox environments: Balazs Greksza, Threat Response Lead at Ontinue, said, "It is recommended to use a sandbox environment for situations such as this."
Throughout 2022, threat actors committed fraud targeting cryptocurrency entities, investors, and users. The post Flashpoint Year In Review: 2022 CryptocurrencyThreat Landscape appeared first on Flashpoint. The post Flashpoint Year In Review: 2022 CryptocurrencyThreat Landscape appeared first on Security Boulevard.
Folks, Who wants to dive deep into some of my latest commercially available research and stay on the top of their OSINT/cybercrime research and threat intelligence gathering game that also includes their team and organization? A Compilation of Currently Active Cyber Jihad Themed Personal Email Addresses – An OSINT Analysis.
CryptBot's goal is to steal sensitive data such as authentication credentials, social media account logins, and cryptocurrency wallets from users of Google Chrome. The harvested data is then sold to other attackers for use in data breach campaigns.
They could be on the other side of the globe, part of a cybercrime regime that will never be discovered, much less brought to justice. The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. But the situation isn’t hopeless.
The CISA warning explicitly states that its employees "will never contact you with a request to wire money, cash, cryptocurrency, or use gift cards and will never instruct you to keep the discussion secret." In a brief notification, the agency stated it is "aware of recent impersonation scammers claiming to represent the agency."
Considering this, banks need to rethink their approach to protection against cyberthreats. In the new report, Group-IB experts described in detail the cyberthreats to the financial sector—active APT groups, tactics of the attackers, infection vectors, and new hacker tools. Defense is an outdated strategy.
While the resource was down, cryptocurrency newbies were invited to download a copy of Bitcoin Core via a torrenting service. Cybercriminals used the names of well-known APT groups to intimidate victims, demanded ransoms in cryptocurrency, and carried out demonstration attacks to back up their threats. Statistics. Methodology.
Spyware are powerful weapons in the arsenal of governments and cybercrime gangs. Critical infrastructure are even more exposed to a new generation of threats that are more aggressive and sophisticated. Reports are coming out linking North Korea to illegal online activities related to cryptocurrency.
The Karakurt gang is a relatively new cybercrime group on the block, with researchers reporting it first emerged in late 2021. Ivan Righi, a senior cyberthreat intelligence analyst at Digital Shadows, discusses Karakurt and the possible Conti ties: "The Karakurt Hacking Team is an extortion group that first appeared in late 2021.
In what was a record year for cybercrime, we also saw a record year for investments and mergers and acquisitions. Industrial Security's Importance - Enterprises of all sizes are demanding a different approach to industrial security as threats increase and key infrastructure is tested.
According to Cybersecurity Ventures – cybercrime will cost the world $6 trillion annually by 2021 ! Cyber Primer for the C-Suite. These 10 data points illustrate the cyberthreats faced by governments, businesses, employees, consumers, and students globally.
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