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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. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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Report from the Cambridge Cybercrime Conference

Schneier on Security

Schneier on Security Menu Blog Newsletter Books Essays News Talks Academic About Me Search Powered by DuckDuckGo Blog Essays Whole site Subscribe Home Blog Report from the Cambridge Cybercrime Conference The Cambridge Cybercrime Conference was held on 23 June. Summaries of the presentations are here.

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U.S. Offered $10M for Hacker Just Arrested by Russia

Krebs on Security

government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest. Last week, the Russian government reportedly arrested Matveev and charged him with creating malware used to extort companies. government’s “Wanted” poster for him.

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Russian Phobos ransomware operator faces cybercrime charges

Security Affairs

Russian Phobos ransomware operator Evgenii Ptitsyn, accused of managing attacks, was extradited from South Korea to the US to face cybercrime charges. Russian Phobos ransomware operator Evgenii Ptitsyn, suspected of playing a key role in the ransomware operations, was extradited from South Korea to the US to face cybercrime charges.

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FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

The Federal Bureau of Investigation (FBI) is urging police departments and governments worldwide to beef up security around their email systems, citing a recent increase in cybercriminal services that use hacked police email accounts to send unauthorized subpoenas and customer data requests to U.S.-based based technology companies.

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EDR-as-a-Service makes the headlines in the cybercrime landscape

Security Affairs

In a nutshell, some criminal groups are exploiting compromised accounts belonging to law enforcement and other government agencies to illicitly forward Emergency Data Requests (EDRs) to major online platforms. By simply paying the fee, usually in cryptocurrencies, the customer will receive the sensitive material ready to be exploited.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.